Integrated Filing — IndAS



General information about company

Scrip Code 532734
NSE Symbol GPIL
MSEI Symbol NOTLISTED
ISIN INE177H01039
Name of company GODAWARI POWER AND ISPAT LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 06-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment STEEL
Start date and time of board meeting 06-02-2026   13:00:00
End date and time of board meeting 06-02-2026   16:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The entity has not issued any debt securities and has not defaulted on any loans or other financial obligations obtained from banks or financial institutions.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 1,00,147.00 3,27,797.00
Other income 2,617.00 16,555.00
Total income 1,02,764.00 3,44,352.00
2 Expenses
(a) Cost of materials consumed 52,201.00 1,73,825.00
(b) Purchases of stock-in-trade 0.00 606.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,230.00) (7,992.00)
(d) Employee benefit expense 7,926.00 22,672.00
(e) Finance costs 1,088.00 3,403.00
(f) Depreciation, depletion and amortisation expense 3,989.00 11,544.00
(f) Other Expenses
1 OTHER EXPENSES 19,799.00 62,976.00
Total other expenses 19,799.00 62,976.00
Total expenses 83,773.00 2,67,034.00
3 Total profit before exceptional items and tax 18,991.00 77,318.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 18,991.00 77,318.00
6 Tax expense
7 Current tax 3,432.00 15,376.00
8 Deferred tax 705.00 2,198.00
9 Total tax expenses 4,137.00 17,574.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 14,854.00 59,744.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 14,854.00 59,744.00
17 Other comprehensive income net of taxes (67.00) (200.00)
18 Total Comprehensive Income for the period 14,787.00 59,544.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 6,473.00 6,473.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.29 9.23
Diluted earnings (loss) per share from continuing operations 2.21 8.91
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.29 9.23
Diluted earnings (loss) per share from continuing and discontinued operations 2.21 8.91
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. The Financial Results of the company for the quarter ended 31st December, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 06.02.2026 and the Limited Review of the same has been carried out by the Auditors. 2. These results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies, to the extent applicable. 3. The company is in the business of manufacturing of Steel products and hence has only one reportable operating segment as per Ind AS 108 - Operating Segment. Therefore the segment wise reporting is not required. 4.Other income includes Rs. Nil (Previous Quarter Rs.94.03 Crores) dividend received from Joint venture & Associates companies during the quarter. 5. Company sussessfully commissioned its 2 MnT Iron Ore Pellet Plant on 8th December'2025. 6. The Government of India has consolidated 29 existing labour legislations into four Labour Codes—namely, the Code on Wages, 2019; the Code on Social Security, 2020; the Industrial Relations Code, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively, the “New Labour Codes”), which were made effective from November 21, 2025. While the supporting Central and State Rules are yet to be notified, based on the assessment carried out and the best information available as at December 31, 2025, the Company has estimated that the incremental impact of the New Labour Codes on its own employees is not material to the financial results and is in the process of evaluating other possible impacts, including those relating to the contract workforce; management believes that any additional impact, if any, is unlikely to be material and will give appropriate accounting effect to future developments, as required. 7. The Company has received Rs. 130.01 Cr during the quarter from Preferential Allotment of Warrants. Out of which Rs. 124.95 Cr. has been invested in Godawari New Energy Private Limited, a wholly owned subsidiary for setting up of Battery Energy Storage System Project and the balance amount of Rs. 5.06 Cr. is lying in the Escrow Account pending utilization. 8.The previous year/period have been regrouped/rearranged wherever found necessary. 9. The above results are also available on www.godawaripowerispat.com, www.bseindia.com and www.nseindia.com.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 89.00 267.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (22.00) (67.00)
5 Total Other comprehensive income (67.00) (200.00)





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 14-11-2025
Amount Raised 12,500.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review false
Comments of the auditors, if any false
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Project Funding No 20,000.00 0.00 0.00 0.00
2 Investment in BESS Project No 17,500.00 0.00 12,495.00 0.00 The Company has received Rs. 125 Crores during the quarter on issue of warrants on preferential allottment basis and money received has been utilised for the objects mentioned in the offer documents. In addition to this the Company has received Rs. 5.01 Crores from one of the warrant holder for exercising conversion option in this quarter which is remaining unutilised.
3 General Corporate Purposes No 12,500.00 0.00 0.00 0.00


Signatory Details

Name of signatory Yarra Chandra Rao
Designation of person Company Secretary and Compliance Officer
Place Raipur
Date 06-02-2026