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Godawari Power & Ispat announced that the 27th Annual General Meeting(AGM) of the company will be held on 19 September 2026.

Net profit of Godawari Power & Ispat rose 2.68% to Rs 221.74 crore in the quarter ended June 2026 as against Rs 215.96 crore during the previous quarter ended June 2025. Sales rose 32.29% to Rs 1750.47 crore in the quarter ended June 2026 as against Rs 1323.25 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1750.471323.25 32 OPM %19.0724.49 - PBDT351.87334.40 5 PBT301.82290.53 4 NP221.74215.96 3 Powered by Capital Market - Live News

Godawari Power & Ispat has divested 7,74,000 equity shares of Jammu Pigments (JPL) for a consideration of Rs 23.10 crore. Post conclusion of the transaction, the company`s stake in JPL has reduced from 43.96% to 39.99%.

Godawari Power & Ispat will hold a meeting of the Board of Directors of the Company on 7 August 2026.

Godawari Power & Ispat has temporarily suspended the operations at 2.0 MnT Iron Ore Pellet Plant situated at phase II, Siltara Industrial Area, Raipur, Chhattisgarh w.e.f. 14 July 2026, due to curtailment of contracted gas supplies by GAIL, pursuant to withdrawal of Natural Gas (Supply Regulation) Order, 2026 vide Gazette Notification dated 04 July 2026, continuing Force Majeure situation as communicated by the upstream supplier(s) and operational feasibility, resulting in increased gas pricing, effective from 09 July 2026, and also on account of lower production of iron ore from Ari Dongri Mines in view of rainy season. The higher cost natural gas prices, on account of additional cost of drawing natural gas beyond the contracted supplies coupled with sourcing iron ore from market at higher cost, is making production of pellets economically, unviable. The shutdown of Pellet Plant will result into lower the production and sales volumes of Iron Ore Pellets, impacting profitability of the Company in Q2FY27, however there will be no long-term impact on profitability, as the Company, iron ore production to volume to increase post monsoon and gas supplies are nomalized.