Godawari Power & Ispat Limited has announced its financial performance for the year ended March 31, 2026, reporting strong growth. The Board of Directors has recommended a final dividend of Re. 1 per share, representing a 100% payout. Additionally, the company has unveiled plans for major capital investments, including a Rs. 200 crore expansion into energy storage and a Rs. 150 crore loan facility to support its residential school project.
Financial Performance Overview
For the financial year ended March 31, 2026, the company reported robust standalone revenue from operations of Rs. 4,713.96 crore, compared to Rs. 4,661.24 crore in the previous year. The standalone net profit for the year reached Rs. 919.43 crore, an increase from Rs. 769.64 crore in the prior year. On a consolidated basis, the company achieved total revenue of Rs. 5,380.65 crore, with a consolidated net profit for the period of Rs. 801.74 crore.
Dividend and Record Date
The Board of Directors has recommended a final dividend of Re. 1 per equity share (100% of face value) for the FY 2025-26. The company has fixed Friday, August 14, 2026, as the record date to determine shareholder eligibility for the dividend payout, subject to approval at the upcoming Annual General Meeting (AGM).
Strategic Investments and Expansion
The company is aggressively pursuing sustainable growth through its wholly-owned subsidiary, Godawari New Energy Private Limited (GNEPL). An additional investment of Rs. 200 crore has been approved to support the development of a Battery Energy Storage System (BESS) plant, bringing the total initial investment in GNEPL to Rs. 700 crore.
Furthermore, the Board has proposed a loan of up to Rs. 150 crore for the Godawari Education and Research Foundation (GERF) to fund ongoing expenditures for their residential school project in Naya Raipur, Chhattisgarh. These proposals are subject to shareholder approval in an Extraordinary General Meeting (EGM) scheduled for June 27, 2026.
Operational Updates
The meeting also confirmed the re-appointment of ASGA & Co. as Internal Auditors and Sanat Joshi & Associates as Cost Auditors for the FY 2026-27. Additionally, the company noted that Godawari Energy Limited has merged into the parent entity effective April 1, 2025, in accordance with the NCLT order dated March 10, 2026.
Source: BSE
