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

05-08-2025 | 05:02 pm

Godawari Power & Ispat's board meeting has approved key strategic moves. The company reported consolidated net profit of Rs. 216.41 Cr and revenue of Rs. 1,345.70 Cr for the quarter ended June 30, 2025. Major capex includes a new 0.7 MTPA Cold Rolling Mill for Rs. 900 Cr and a Rs. 700 Cr Battery Energy Storage System plant via its subsidiary, Godawari New Energy. The board also approved the merger of wholly-owned subsidiary Godawari Energy with GPIL to streamline operations. Mr. Bajrang Lal Agrawal was approved for re-appointment as Chairman-cum-MD, pending shareholder nod at the upcoming AGM on Sept 20.

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