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Godawari Power & Ispat Ltd Q2FY24; 52% rise 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 Q2FY24 of ₹1,291.00 Crores down from ₹1,307.00 Crore year on year, a fall of 1.22%.

Total Expenses for Q2FY24 of ₹975.00 Crores down from ₹1,113.00 Crores year on year, a fall of 12.4%.

Consolidated Net Profit of ₹257.00 Crores up 52.07% from ₹169.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹18.89, up 57.94% from ₹11.96 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Energy
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