Godawari Power & Ispat: Q1 FY27 Profit ₹198.90 Crore, Approves AGM

Godawari Power and Ispat Limited announced its Un-Audited Financial Results for the Quarter ended June 30, 2026. The company reported a standalone profit after tax of ₹198.90 crore. The Board also approved the proposal to convene the 27th Annual General Meeting (AGM) on September 19, 2026, and the re-appointment of three Whole-Time Directors, subject to shareholder approval.

Financial Performance for Q1 FY27

Godawari Power and Ispat Limited’s Board of Directors, in their meeting held on August 7, 2026, approved the Un-Audited Financial Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026. The company disclosed a standalone profit after tax of ₹198.90 crore for the period. This result, along with the Limited Review Report from the Statutory Auditors, has been submitted as Annexure-A.

Key Board Decisions

Beyond the financial results, the Board of Directors also made several key decisions. They approved the proposal to hold the 27th Annual General Meeting (AGM) on Saturday, September 19, 2026, via video conferencing or other audio-video means. Furthermore, upon the recommendation of the Nomination and Remuneration Committee, the Board approved the proposal for the re-appointment and fixation of remuneration for Mr. Abhishek Agrawal, Mr. Siddharth Agrawal, and Mr. Dinesh Kumar Gandhi as Whole-Time Directors for a further period of 5 years, pending shareholder approval at the upcoming AGM.

Director Information

The company also confirmed that Mr. Abhishek Agrawal, Mr. Siddharth Agrawal, and Mr. Dinesh Kumar Gandhi are not debarred from holding the office of Directorship by virtue of any order passed by SEBI or any other authority. Their profiles and relationships were detailed in Annexure-B, clarifying their roles and backgrounds.

Source: BSE

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