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Godawari Power And Ispat limitedBoard Meeting, 05-08-2025: Outcome of Board Meeting

05-08-2025 | 04:53 pm

Godawari Power & Ispat's Board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue hit Rs 1,345.70 Cr with a net profit of Rs 215.96 Cr. The Board also greenlit the merger of its wholly-owned subsidiary Godawari Energy Ltd with GPIL for improved efficiency. Significant capex plans include a new 0.7 MTPA Cold Rolling Mill for Rs 900 Cr, expected by April 2027, and a Battery Energy Storage System plant (10 Gwh) via subsidiary GNEPL for Rs 700 Cr, planned by March 2026. Additionally, following a committee's review, Mr. Bajrang Lal Agrawal was re-appointed as Chairman-cum-Managing Director for five years, pending shareholder approval.

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