GPIL2021-01-012021-03-31in-bse-fin:OneOperatingExpenses01Member GPIL2021-01-012021-03-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares GPIL 2020-04-01 2021-03-31 2021-05-17 INR Crores Yearly true Cash Flow Indirect Single segment Steel 2021-01-01 2021-03-31 Audited Standalone 12366400000.00 31400000.00 12397800000.00 5102600000.00 254200000.00 -32500000.00 344300000.00 187100000.00 230900000.00 2013900000.00 8100500000.00 4297300000.00 0.00 4297300000.00 756900000.00 501000000.00 1257900000.00 0.00 3039400000.00 0.00 0.00 0.00 0.00 3039400000.00 8800000.00 3048200000.00 0.00 0.00 341100000.00 10 86.26 86.26 86.26 86.26 172.52 172.52 1.The Financial Results of the company for the year ended 31st March, 2021 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 25th May, 2021. 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 Board of Directors of the Company has recommended a final dividend of Rs.13.50 per share i.e 135 % in addition to Rs.5.00 per share paid as interim dividend earlier, for the year ended March 31, 2021. 4.Exceptional Item includes income of Rs.63 Crores from partial disinvestment of Equity Shares of Ardent Steel Limited (earstwhile subsidiary company). 5.The Company proposes to divest its investments in subsidiary company viz. Godawari Green Energy Limited (GGEL), as approved by the Board of Directors of the Company in its meeting held on 01.05.2021. Accordingly, the Company is having negotiations with prospective Buyers/Investors. Since the proposal has been considered in the current year, i.e after the reporting period, no effect of the same has been given in the financial results for the quarter & year ended 31st March, 2021 in accordance with Ind AS-105 read with Ind AS-10. 6.In connection with the company's application filed with National Company Law tribunal(NCLT), Odisha for proposed merger of power business of Jagdamba Power and Alloys Limited with the company, the hearing has been concluded and the order is awaited for convening the meetings of shareholders & creditors. In view of the prevailing Covid 19 pandemic, the issue of Order has been delayed. The impact of the merger in the financial shall be given after the approval of the scheme by the Hon'ble NCLT. 7.The Company has decided to adopt new tax regime from next financial year and accordingly the provision of deferred tax has been made as per new tax regime u/s 115BAA of the Income Tax Act,1961, however the current tax provision has been made on the basis of old tax regime. 8.The Company has assessed the possible impact of COVID-19 on its financial statements based on the internal and external information available up to the date of approval of these financial results and concluded that no adjustment is required in these results. The Company continues to monitor the future economic conditions. 9.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. 10.Figures for the quarter ended March 31, 2021 & March 31, 2020 represent the difference between audited figures in respect of full financial year and the published figures upto 9 months of respective financial years. 11.The figures for the correspending previous periods have been re-stated/regrouped, whereever necessary, to make them comparable. 12.The above results are also available on www.godawaripowerispat.com, www.bseindia.com and www.nseindia.com Single segment 2020-04-01 2021-03-31 Audited Standalone 36408700000.00 52000000.00 36460700000.00 16763100000.00 711200000.00 -240600000.00 1239500000.00 1099900000.00 964900000.00 7495500000.00 28033500000.00 8427200000.00 630000000.00 9057200000.00 1595400000.00 1204200000.00 2799600000.00 0.00 6257600000.00 0.00 0.00 0.00 0.00 6257600000.00 6200000.00 6263800000.00 0.00 0.00 341100000.00 10 17718800000.00 177.59 177.59 177.59 177.59 355.18 355.18 Other Expenses 2013900000.00 Other Expenses 7495500000.00 1099900000.00 -522300000.00 -1184300000.00 0.00 -436400000.00 10300000.00 0.00 0.00 0.00 660300000.00 0.00 48300000.00 0.00 964900000.00 -24100000.00 24900000.00 0.00 168500000.00 8900000.00 0.00 0.00 17100000.00 0.00 76700000.00 0.00 0.00 0.00 100000.00 0.00 878600000.00 9935800000.00 0.00 0.00 0.00 1296500000.00 -630000000.00 8009300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 138700000.00 504000000.00 870200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17100000.00 0.00 0.00 0.00 522000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6763200000.00 0.00 0.00 176200000.00 1099900000.00 0.00 0.00 -8039300000.00 492000000.00 0.00 492000000.00 14200000.00 506200000.00