Godawari Power & Ispat Limited reported a strong performance for the financial year ended 31st March, 2026. The company declared a final dividend of Re. 1 per share (100%). Strategic initiatives include an additional investment of Rs. 200 Crore in Godawari New Energy Private Limited for Battery Energy Storage System (BESS) projects and a Rs. 150 Crore loan to its subsidiary, Godawari Education Research Foundation, to support its residential school project.
Financial Performance Highlights
For the financial year ended 31st March, 2026, the company achieved a standalone total income of Rs. 4,905.45 Crore, compared to Rs. 4,762.89 Crore in the previous year. The standalone net profit for the year stood at Rs. 919.43 Crore, a notable increase from Rs. 769.64 Crore in the prior year. On a consolidated basis, the total income reached Rs. 5,474.79 Crore, with a profit attributable to the owners of Rs. 800.75 Crore.
Dividend and Record Date
The Board of Directors has recommended a final dividend of Re. 1 per share (100% of the face value of Rs. 1) for the FY 2025-26. The company has set Friday, 14th August, 2026, as the record date to determine shareholder eligibility for the dividend payout, subject to approval at the upcoming Annual General Meeting.
Strategic Investments and Expansion
To bolster its energy and social infrastructure footprint, the company has approved several key initiatives:
- Green Energy: An additional investment of Rs. 200 Crore into its subsidiary, Godawari New Energy Private Limited (GNEPL), to support the development of a Battery Energy Storage System (BESS) plant. This brings the total authorized initial investment in GNEPL to Rs. 700 Crore.
- Education Support: A loan of up to Rs. 150 Crore has been approved for the Godawari Education Research Foundation (GERF) to facilitate the ongoing construction of their Residential School Project in Naya Raipur, Chhattisgarh.
Corporate Governance
The company has scheduled an Extraordinary General Meeting (EGM) for Saturday, 27th June, 2026. This meeting will be conducted via video conferencing to seek shareholder approval for the aforementioned loans, as well as for the revision of remuneration for the company’s Executive Directors: Shri Dinesh Agrawal, Shri Siddharth Agrawal, and Shri Abhishek Agrawal.
Source: BSE
