Godawari Power & Ispat Q2 Profit Down 38% to Rs 159 cr

Oct 26, 2024 20:25

Godawari Power & Ispat Ltd (GPIL) reported a 38% decline in consolidated net profit to Rs 159.39 crore in the September quarter, compared to Rs 256.71 crore in the same period last year.

New Delhi, Oct 26 (PTI) Godawari Power and Ispat Ltd (GPIL) on Saturday reported about 38 per cent decline in consolidated net profit to Rs 159.39 crore in the September quarter of 2024-25.

It had posted Rs 256.71 crore "net profit from ordinary activities" in the same period a year ago, the company said in an exchange filing.

Total income fell to Rs 1,290.38 crore from Rs 1,314.21 crore in the July-September period of 2023-24. Expenses increased to Rs 1,073.93 crore from Rs 974.62 crore in the year-ago quarter.

Source: PTI

MORE NEWS

Sistema.bio Acquires Inclusive Energy for...

Sistema.bio acquires Inclusive Energy to enhance biogas solutions and develop...

Sun Pharma Q2 Profit Up 28% to Rs 3,040 cr

Sun Pharma reports a 28% rise in net profit to Rs 3,040 crore in the September quarter,...

Welspun Living Q2 Profit Up Marginally to Rs...

Welspun Living reported a slight increase in Q2 net profit to Rs 202.4 crore, driven by...

BHEL Reports Rs 106 Cr Net Profit in Q2 on...

BHEL announced a consolidated net profit of Rs 106.15 crore in the September quarter,...

Real Estate Firms Raise Rs 13,000 Cr via QIP in...

Indian real estate developers have raised nearly Rs 13,000 crore through Qualified...

Indian Bank Q2 Profit Jumps 36% to Rs 2,707 Cr

Indian Bank reported a 36% surge in Q2 profit to Rs 2,707 crore, driven by increased...

Slice Merges with North East Small Finance Bank

Consumer payments and lending company 'slice' has merged with North East Small Finance...

CRGO Steel Shortage Threatens India's Energy Goals

A shortage of CRGO steel, crucial for transformers and electric motors, threatens...

PNB Profit Surges 200% to Rs 4,306 Cr in Q2 |...

Punjab National Bank (PNB) reported a more than two-fold jump in its profit for the...

Shakti Pumps Q2 Profit Soars to Rs 101 Cr -...

Shakti Pumps (India) Ltd reported a multifold jump in consolidated profit after tax in...

Godawari Power & Ispat Q2 Profit Down 38% to Rs 159 cr

You May Like To Read

MORE NEWS