Godawari Power & Ispat Ltd Q3FY25; 37% fall in Profits

Godawari Power & Ispat Ltd Q3FY25; 37% fall in Profits

Godawari Power & Ispat is mainly engaged in the business of Mining of Iron Ore and Manufacturing of Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys with generation of Electricity.

Financial Results:

Godawari Power & Ispat Ltd reported Revenues for Q3FY25 of ₹1,298.00 Crores down from ₹1,309.00 Crore year on year, a fall of 0.84%.

Total Expenses for Q3FY25 of ₹1,126.00 Crores up from ₹1,029.00 Crores year on year, a rise of 9.43%.

Consolidated Net Profit of ₹145.00 Crores down 36.68% from ₹229.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.16, down 35.91% from ₹3.37 in the same quarter of the previous year.

Tags: Mining
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