Godawari Power & Ispat Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, along with several strategic business decisions approved by the board of directors on February 6, 2026. The company reported mixed performance with revenue declining year-over-year while maintaining profitability across both standalone and consolidated operations.

Financial Performance Overview

The company's standalone financial results showed revenue from operations of ₹1,001.47 crores for Q3FY26, compared to ₹1,095.26 crores in the corresponding quarter of the previous year. Despite the revenue decline, the company maintained strong profitability with net profit reaching ₹148.54 crores for the quarter.

For the nine months ended December 31, 2025, the company reported revenue from operations of ₹3,277.97 crores compared to ₹3,385.65 crores in the previous year, while net profit increased to ₹597.44 crores from ₹565.15 crores.

Consolidated Results

On a consolidated basis, the company reported revenue from operations of ₹1,139.45 crores for Q3FY26 against ₹1,297.60 crores in Q3FY25. Consolidated net profit for the quarter stood at ₹143.25 crores compared to ₹144.78 crores in the previous year.

Strategic Business Decisions

The board approved several significant strategic initiatives during the meeting. The company decided to purchase 4 railway wagons for transportation of raw materials and finished goods at an investment of ₹120 crores from internal accruals, primarily for captive use. To support this initiative, the board proposed amending the Memorandum of Association to include logistics and allied activities as an additional business object.

Major Divestment and Investment

Godawari Power approved the disposal of its entire 37.85% stake in Ardent Steels Private Limited, an associate company, for a consideration of ₹90.87 crores. The transaction details include:

Simultaneously, the board approved an additional investment of ₹200 crores in Godawari New Energy Private Limited (GNEPL), a wholly owned subsidiary, for CAPEX and working capital requirements for setting up a Battery Energy Storage System (BESS) Plant. This brings the total planned investment in GNEPL to ₹500 crores.

Operational Milestones

The company achieved a significant operational milestone by successfully commissioning its 2 MnT Iron Ore Pellet Plant on December 8, 2025. Additionally, Godawari Power received ₹130.01 crores during the quarter from preferential allotment of warrants, of which ₹124.95 crores was invested in GNEPL for the BESS project, while ₹5.06 crores remains in an escrow account.

Corporate Governance

The board scheduled an Extraordinary General Meeting (EGM) for March 14, 2026, through video conferencing to obtain shareholder approval for the amendment of the main objects clause in the company's Memorandum of Association. The company maintains multiple ISO certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, 50001:2018, and 27001:2022, demonstrating its commitment to quality and compliance standards.

Godawari Power And Ispat Limited has formally announced a conference call for analysts, institutional investors, fund houses, and other stakeholders to discuss its Q3 & 9MFY26 earnings results. The call is scheduled for Monday, February 9, 2026 at 12:00 PM IST, as communicated to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Conference Call Details

The earnings call will feature key members of the company's senior management team who will present and discuss the financial performance for the quarter and nine-month period. Participants will have the opportunity to engage directly with the leadership team during the session.

Management Participation

The conference call will be led by three key executives from Godawari Power And Ispat Limited:

• Mr. Abhishek Agrawal – Executive Director
• Mr. Dinesh Gandhi – Executive Director
• Mr. Sanjay Bothra – CFO

Registration and Access

Interested participants can register for the conference call through the Diamond Pass registration link provided by the company. The registration system allows for streamlined access and ensures proper coordination for the earnings discussion. All relevant details including dial-in numbers and registration information have been made available to facilitate participation.

Company Background

Godawari Power And Ispat Limited operates as a fully backward integrated steel company with a comprehensive presence across the steel value chain. The company's operations span from captive iron ore mining to the manufacturing and sale of value-added steel products, positioning it as a significant player in the integrated steel sector.

Regulatory Compliance

The announcement was made in accordance with SEBI regulations, with the company secretary Y.C. Rao signing the official communication dated February 4, 2026. The information has also been hosted on the company's official website at www.godawaripowerispat.com to ensure broad accessibility for all stakeholders.