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GODAWARI POWER & ISPAT LTD. - 532734 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 24.05.2024 For Recommendation Of Final Dividend For FY 2023-24.

The Board of Directors has recommended the payment of Final dividend of Rs. 5/- per share (i.e. 100%) on equity share of Rs.5/- each for the FY 2023-24 on the entire paid up equity share capital of the Company i.e. 13,59,44,988 equity shares of nominal value of Rs.5/- each. The Dividend recommended by the Board of Directors of the Company is subject to the approval by the shareholders at the ensuing Annual General Meeting of the Company. The record date for the purpose of ascertaining the entitlement of members for the final dividend for the FY 2023-24 will be announced in due course of time. If the final dividend, as recommended by the Board of Directors, is approved and declared in the ensuing Annual General Meeting, the payment of such dividend, subject to deduction of tax at source, will be made within 30 days from the date of declaration.
24-05-2024
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GODAWARI POWER & ISPAT LTD. - 532734 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Please find attached letter dated 22nd May, 2024 for submission of Audio recording of Conference Call held on today i.e. Wednesday, 22nd May, 2024 in respect of the Q4 & FY24 Results of the Company. The said Q4 & FY24 results were approved by the Board at its meeting held on 21st May, 2024.
22-05-2024
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GODAWARI POWER & ISPAT LTD. - 532734 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Please find attached herewith Newspaper Publication for the Q4 & FY 24 Results of the Company.
22-05-2024

Godawari Power & Ispat Results Earnings Call for Q4FY24

Conference Call with Godawari Power & Ispat Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
22-05-2024
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Q4FY24 Quarterly & FY24 Annual Result Announced for Godawari Power & Ispat Ltd.

Iron & Steel Products company Godawari Power & Ispat announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Consolidated Revenues from operations increased to Rs 1,530 crore due to increase in sales of value added products despite reduced realizations Consolidated EBITDA and PAT increased to Rs 329 crore and Rs 220 crore on YoY basis respectively despite decrease in pellets production and reduced realizations. This happened because of increased production and sales of value-added products, increased capacities & production of sponge iron and steel billets, cost savings due to solar power and operating leverage. FY24 Financial Highlights: Consolidated Revenues from operations stood at Rs 5,455 crore The decrease is due to slight dip in production of pellets (planned maintenance shutdown in Q1FY24) and reduced realizations of all the products other than pellets and higher trading sales by Rs 249 Crores in previous year. Despite fall in realizations, Consolidated EBITDA and PAT increased to Rs 1,328 crore and Rs 937 crore because of cost savings due to solar power plants and use of high efficiency 48MW power turbine and operational leverage. Healthy balance sheet with Net Cash balance of Rs 1,056 crore Cash Flow From Operations increased to Rs 1,044 crore; up 5% compared to FY23 B.L. Agrawal, Managing Director, said, : “I am delighted to share that we have ended FY24 on a great note. With enhanced capacities of sponge iron, steel billets and solar power, cost savings through solar power and highefficiency 48 MW power turbine, operational efficiencies, team work, we have delivered significant increase in operating margins and profits for FY24 despite decrease in revenues due to decreased realizations in value added products. Healthy Net Cash Balance Sheet, strong Capex Plan of more than doubling the capacities of Iron Ore Mining, Pellets & Integrated Steel Plant, improved operational efficiencies, cost savings due to solar power plants, competitive advantage of captive iron ore mines and support from all the stakeholders, we are confident to perform with excellence for years to come.” Result PDF
21-05-2024
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GODAWARI POWER & ISPAT LTD. - 532734 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Please find attached Press Release regarding Q4 and FY24 Financial and Operational performance
21-05-2024
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GODAWARI POWER & ISPAT LTD. - 532734 - Announcement under Regulation 30 (LODR)-Investor Presentation

Please find attached Investor Presentation for Q4 and FY24.
21-05-2024
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GODAWARI POWER & ISPAT LTD. - 532734 - Closure of Trading Window

Please find attached notice regarding closure of trading window upto 26.05.2024.
21-05-2024
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GODAWARI POWER & ISPAT LTD. - 532734 - Board Meeting Intimation for Recommendation Of Final Dividend For The FY 2023-24 And Other General Matters.

GODAWARI POWER & ISPAT LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/05/2024 ,inter alia, to consider and approve Recommendation of Final Dividend for the FY 2023-24 and other general matters.
21-05-2024
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GODAWARI POWER & ISPAT LTD. - 532734 - SUBMISSION OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.2024

Please find attached submission of Audited Financial Results for the quarter and Year ended 31.03.2024
21-05-2024
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