Gujarat Industries Power Company Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Gujarat Industries Power Company's board approved the standalone financial results for the first quarter. Revenue from operations reached Rs 371.52 Cr, with a profit of Rs 57.47 Cr for the quarter, and an EPS of Rs 3.70. The board also appointed M/s. K C Mehta & Company LLP as statutory auditors for five years. A significant operational update: a 7-year turnkey mining contract valued at approximately Rs 2025.00 Cr was awarded to M/s. H. D. Enterprises for Valia Mine and SLPP operations. This marks a key strategic move for the company.