Gujarat Industries Power Company Limited — Important, 22-05-2025: Updates

Gujarat Industries Power reported a rise in net profit to Rs. 211.43 Cr on total income of Rs. 1325.08 Cr for FY 2024-25, supported by steady operations despite higher material and generation costs. Ongoing capex remains high with capital work-in-progress at Rs. 3266 Cr, funded by increased borrowings of Rs. 1804.90 Cr. The board has approved a dividend of Rs. 4.09 per share. Auditor appointments for secretarial and cost audits were also finalized.