Godawari Power and Ispat posts multifold jump in Q4 profit at Rs 304 cr
Godawari Power and Ispat Ltd (GPIL) on Tuesday posted a multifold jump in consolidated net profit at Rs 304.01 crore for March quarter 2020-21, mainly on the back of higher revenues.
The company’s net profit in the year-ago period was Rs 34.22 crore, a BSE filing said.
Total income rose to Rs 1,263.67 crore in the quarter from Rs 787.74 crore in the same period a year ago.
The net profit of the company in 2020-21 also rose to Rs 624.49 crore from Rs 174.43 crore in the previous year.
Total income in the last fiscal year was higher at Rs 4,075.96 crore from Rs 3,293.18 crore in 2019-20.
