Godawari Power & Ispat Ltd (GPIL) delivered robust fourth-quarter results with net profit rising 26.6% year-on-year to ₹280 crore from ₹221.3 crore in the corresponding period last year. According to reports from CNBC TV18, revenue increased 9.7% to ₹1,610.3 crore from ₹1,468 crore, demonstrating strong top-line growth alongside profitability expansion. The company's strong earnings performance stood out amid mixed results from other major stocks in the current trading session.
The company's EBITDA surged 37.9% year-on-year to ₹439 crore compared with ₹318.3 crore a year ago, while EBITDA margin expanded sharply to 27.3% from 21.7%, reflecting improved operational efficiency and stronger profitability. As reported by CNBC TV18, this margin expansion indicates enhanced operational performance and cost management capabilities during the quarter, contributing significantly to the overall profit growth.
Ahead of the earnings announcement, shares of Godawari Power & Ispat closed 2.5% higher at ₹290.30 on the NSE, reflecting positive market sentiment toward the strong quarterly results. According to CNBC TV18, the company's board recommended a final dividend of Re 1 per equity share of face value Re 1 each for FY26, subject to shareholder approval at the upcoming annual general meeting.
The strong quarterly performance comes as the company continues to expand its steel manufacturing footprint. As reported by CNBC TV18, earlier in March, GPIL announced its board had approved the setting up of a 1 million tonnes per annum integrated steel plant at an estimated project cost of around ₹7,000 crore. The project will be funded through a mix of debt and internal accruals in a 1:1 ratio, demonstrating the company's commitment to scaling its steel operations.
Godawari Power and Ispat operates across steel, mining and power businesses, with interests spanning iron ore mining, pellet production, sponge iron, billets and power generation. According to CNBC TV18, the latest quarter's performance indicates a sharper recovery in profitability and operational momentum compared to the mixed December quarter results, where revenue declined year-on-year despite margin improvements.
