Godawari Power And Ispat limited — Updates, 12-02-2025: Press Release

Consolidated revenues for Godawari Power & Ispat Ltd. reached Rs. 1,298 Cr in Q3FY25, slightly up 2% from the previous quarter but down 1% year-on-year. EBITDA declined by 10% QoQ and 33% YoY to Rs. 221 Cr, while PAT attributable to owners stood at Rs. 145 Cr, a 9% decrease from Q2 and a 37% drop from the previous year. For the first nine months of FY25, net sales were stable at Rs. 3,908 Cr compared to Rs. 3,926 Cr in 9MFY24. However, EBITDA and PAT fell by 12% and 18%, respectively.

Strategically, the company has abandoned its plan for a Greenfield Integrated Steel Plant to focus on lower-capex projects and has completed acquiring a 49% stake in Jammu Pigments Limited. Additionally, mining operations have resumed at Boria Tibu Iron Ore Captive Mines. With a net cash position of Rs. 725 Cr and ongoing initiatives to enhance operational efficiency, the company maintains a solid foundation for future growth. The focus on improving production capacities and sustainability places GPIL in a promising position moving forward.