Gujarat Industries Power Company Reports Robust Q1 Results with Net Profit Soaring to ₹57.47 Crore Aug 14, 2025
Gujarat Industries Power Company Appoints Dr. Jayanti S. Ravi as Additional Director and Chairperson Aug 02, 2025
Gujarat Industries Power Company Chairman Shri Jagdish Prasad Gupta Steps Down Jul 29, 2025
More news about Gujarat Industries Power Company
28Jun 25
Gujarat Industries Power Activates 105 MW Capacity in Massive Solar Project
Gujarat Industries Power Company Limited (GIPCL) has commenced operations of a 105 MW capacity segment from its 600 MW solar project in the Renewable Energy Park in Khavda, Rann of Kutch. This marks the first phase of GIPCL's larger solar initiative, strategically positioned in an area known for high solar irradiance. The project is expected to strengthen GIPCL's position in the renewable energy market, increase its clean energy footprint, and potentially improve revenue streams from renewable sources.
26Jun 25
Gujarat Industries Power Launches First Phase of 75 MW Solar Project
Gujarat Industries Power Company (GIPC) has commenced operations of a 25 MW solar power facility, marking the first phase of its 75 MW Vasta Group Solar Power Project. This initial phase represents one-third of the planned capacity, allowing GIPC to gradually increase its renewable energy generation and gain operational experience. The project signifies GIPC's commitment to expanding its presence in the renewable energy sector and contributes to India's transition towards cleaner energy sources.
22May 25
Gujarat Industries Power Co Reports 5.3% Increase in Q4 Net Profit
Gujarat Industries Power Co announced Q4 net profit of ₹697 million, up 5.3% year-over-year, despite an 8.8% revenue decline to ₹3.40 billion. Annual results for FY 2024 show 1.52% revenue growth to ₹1,425.00 crore and 5.19% net profit increase to ₹198.50 crore. EPS improved to ₹13.12 from ₹12.48 in FY 2023. Operating profit margin slightly decreased to 28.27% from 30.09% in the previous year.
24Apr 25
Gujarat Industries Power Energizes First Phase of 25 MW Solar Project at Vastan
Gujarat Industries Power Company Limited (GIPCL) has successfully commissioned the first phase of a 25 MW solar power project at Vastan on April 24, 2025. This project is part of a larger 75 MW group captive solar initiative, marking a significant step in GIPCL's renewable energy strategy. The company made the announcement through a regulatory filing to stock exchanges, in compliance with SEBI regulations.