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

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By Rediff Money Desk, New Delhi   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
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