Godawari Power & Ispat Limited has reported its financial results for the quarter and year ended March 31, 2026. The company posted a standalone net profit of ₹919.43 crore for the year. Alongside the financial results, the company announced a final dividend of ₹1 per share. Additionally, the board approved significant capital allocations for its subsidiary, Godawari New Energy Private Limited, to support its Battery Energy Storage System (BESS) project.
Financial Performance Overview
For the financial year ended March 31, 2026, Godawari Power & Ispat delivered a strong performance. The company reported a standalone annual revenue from operations of ₹4,713.96 crore, with a profit for the period of ₹919.43 crore. On a consolidated basis, the annual revenue reached ₹5,380.65 crore, with the profit attributable to the owners of the company standing at ₹800.75 crore for the same period.
Dividend Recommendation
The Board of Directors has recommended a final dividend of ₹1 per share (100% of the face value) for the FY 2025-26. This payment is subject to the approval of shareholders at the company’s upcoming Annual General Meeting. The record date for determining the eligibility of shareholders for this dividend has been fixed as Friday, August 14, 2026.
Strategic Investments and Expansions
The company is accelerating its footprint in the renewable energy sector. The Board approved an additional investment of ₹200 crore in its wholly-owned subsidiary, Godawari New Energy Private Limited (GNEPL). Combined with prior approvals, the total planned investment for the company’s Battery Energy Storage System (BESS) plant now totals ₹700 crore.
Corporate Developments
In other developments, the company plans to provide a loan of up to ₹150 crore to its subsidiary, Godawari Education Research Foundation (GERF), to support its ongoing Residential School Project in Naya Raipur. To formalize these financial moves and address a revision in remuneration for its executive directors, the company will convene an Extraordinary General Meeting (EGM) on June 27, 2026, via video conferencing.
Source: BSE
