Godawari Power & Ispat Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a standalone net profit of ₹919.43 crore for the financial year 2025-26, an increase from ₹769.64 crore in the previous year. Revenue from operations for the year rose to ₹4,905.45 crore from ₹4,762.89 crore in FY25. On a consolidated basis, the net profit for the year was ₹801.74 crore, with revenue from operations reaching ₹5,474.79 crore.

For the quarter ended March 31, 2026, the standalone net profit was ₹321.99 crore, while revenue from operations stood at ₹1,461.93 crore. The company's total standalone income for the quarter was ₹1,461.93 crore. On a consolidated basis, Q4 net profit rose to ₹280.23 crore compared to ₹221.67 crore in the same period last year, while consolidated revenue came in at ₹1,635.53 crore versus ₹1,492.87 crore year-on-year.

Key Financial Highlights

The following table summarizes the standalone financial performance for the year ended March 31, 2026:

Q4 Consolidated Performance

The company's consolidated quarterly performance reflected strong year-on-year improvement across key operating metrics. EBITDA expanded significantly, with the margin improving to 27.95% from 22.14% in the same quarter last year, underscoring improved operational efficiency. The following table presents the updated Q4 consolidated highlights:

Dividend and Corporate Decisions

The Board of Directors recommended a final dividend of Re.1 per share, equivalent to 100%, for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. The company has fixed Friday, August 14, 2026, as the record date to determine shareholder eligibility for the dividend.

The Board approved a proposal to invest an additional ₹200 crore in Godawari New Energy Private Limited, a wholly-owned subsidiary, increasing the total investment to ₹700 crore. This funding will support capital expenditure and working capital requirements for setting up a Battery Energy Storage System Plant. Additionally, the Board approved a proposal to provide a loan of up to ₹150 crore to another subsidiary, Godawari Education Research Foundation, for a residential school project, subject to shareholder approval.

The Board also decided to revise the remuneration payable to Executive Directors Shri Dinesh Agrawal, Shri Siddharth Agrawal, and Shri Abhishek Agrawal. An Extraordinary General Meeting is scheduled for June 27, 2026, to seek shareholder approval for the loan to the subsidiary and the revision in directors' remuneration.

Godawari Power and Ispat Limited (GPIL) has successfully concluded the disposal of its entire stake in Ardent Steel Private Limited (ASPL). The company completed the final tranche of the transfer on May 21, 2026, involving the sale of 7,30,400 equity shares. This transaction represented a 9.22% equity stake in the associate company and was executed for a total consideration of ₹22.18 crore.

Transaction Details

The transfer of shares was carried out pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This final phase follows a series of previous announcements made by the company regarding the divestment, starting from February 6, 2026. The shares were transferred into the respective buyer's account, fulfilling all requisite statutory and contractual requirements.

Stake Reduction Overview

With the completion of this fourth and final tranche, GPIL has fully exited its investment in ASPL. The company's total holding in the associate company has now decreased from 9.22% to 0.00%. The overall disposal process, which involved the sale of the company's entire 37.85% stake, was undertaken for a total consideration of ₹90.87 crore.