Godawari Power & Ispat Ltd News
Godawari Power & Ispat shares rally 8%, hits record on pact with GAIL
The uptick in the Godawari Power & Ispat share price came after the company announced that it has entered into an agreement with GAIL (India) or the supply of RLNG Gas
 "Godawari Power & Ispat shares rally 8%, hits record on pact with GAIL")
Godawari Power rises 3% as co to acquire 51% stake in JPL for Rs 255 cr
The increase in the Godawari Power & Ispat stock price follows the announcement that its board of directors approved the acquisition of a 51 per cent stake in Jammu Pigments (JPL) for Rs 255 crore
 "Godawari Power rises 3% as co to acquire 51% stake in JPL for Rs 255 cr")
Godawari Power and Ispat Q2 results: Net profit falls 38% to Rs 159 cr
Godawari Power and Ispat Ltd (GPIL) on Saturday reported about 38 per cent decline in consolidated net profit to Rs 159.39 crore in the September quarter of 2024-25. It had posted Rs 256.71 crore "net profit from ordinary activities" in the same period a year ago, the company said in an exchange filing. Total income fell to Rs 1,290.38 crore from Rs 1,314.21 crore in the July-September period of 2023-24. Expenses increased to Rs 1,073.93 crore from Rs 974.62 crore in the year-ago quarter.
 "Godawari Power and Ispat Q2 results: Net profit falls 38% to Rs 159 cr")
Godawari Power and Ispat Q1 results: Net profit grows 24% to Rs 287 cr
Godawari Power and Ispat on Wednesday posted 24 per cent rise in consolidated net profit at Rs 286.89 crore for June quarter FY25, helped by reduced expenses. Net profit from ordinary activities after tax was at Rs 230.88 crore in April-June FY24, the company said in an exchange filing. Total income rose to Rs 1,372.42 crore from Rs 1,344.37 crore in the same quarter a year ago. Expenses reduced to Rs 987.30 crore from Rs 1,063.00 crore in first quarter last financial year. The company's board has also approved the appointment of MD Bajrang Lal Agrawal as the chairman with effect from August 9, 2024, in place of Shashi Kumar. Besides, the board approved a proposal for payment of a special dividend of Rs 1.25 per equity share of Rs 5 each on the occasion of 25th anniversary of the company. The payment will be made on or after August 28, 2024. The board also approved a proposal for sub-division of equity share with face value of Rs 5 each into 5 equity shares of Re 1 each, subject
 "Godawari Power and Ispat Q1 results: Net profit grows 24% to Rs 287 cr")
