Godawari Power and Ispat Limited has officially sold its entire stake in Ardent Steel Pvt Ltd for INR 22.18 crores, marking a complete exit from the company's equity shares.

Godawari Power's shares are on the rise, with a focus on its impressive Q4 results and significant contributing segments. Further details on the key drivers behind this surge have been discussed by ET NOW.

Godawari Power & Ispat recently held their Q4 FY26 earnings call, led by Monarch Networth Capital. Topics covered include their financial results, management insights, and future outlooks.

PI Industries' earnings disappoint, causing a decline in its shares, while Mankind Pharma experiences growth due to strong earnings. Meanwhile, Godawari Power, Karnataka Bank, and Dredging Corp have all seen an increase in their shares, following robust results.

Godawari Power & Ispat reaches a new record high of Rs 313.95, signifying robust progress within the iron and steel industry on May 20, 2026.

Godawari Power reported a significant 27% increase in Q4 profit to Rs. 280 crores, with revenue climbing 9.7% to Rs. 1,610.3 crores. EBITDA grew robustly by 37.9%. The board proposed a dividend of Rs. 1 per share for the fiscal year 2025-2026 (FY26), subject to approval.

Godawari Power's Q4 earnings showed a significant increase, with EBITDA reaching ₹4.5 billion, up from ₹3.25 billion year-over-year. The company also experienced an improvement in margins, reaching 28%.

Godawari Power & Ispat Ltd has recently commissioned a 25 MWp solar plant in Chhattisgarh, which will supply energy to the Ari Dongri & Boria Tibu mines. This move aims to lower the carbon footprint associated with these mining operations.

Godawari Power and Ispat Ltd has reported a profit of ₹919 crore for FY26, with revenue reaching ₹4,905.4 crore. The board has announced a dividend of ₹1 per share for the same financial year and plans to invest ₹200 crore in its subsidiary, GNEPL, for Battery Energy Storage System (BESS) projects.

Godawari Power's Q4 EBITDA surged by nearly 38% year-over-year, demonstrating improved profitability margins. The company is planning to invest ₹200 crore in a new energy subsidiary, Godawari New Energy.

The Nifty index surpassed the 23,600 mark today, boosted by impressive Q4 performances of companies like Hindalco and Godawari Power, both experiencing approximately 4% growth.

Godawari Power and Ispat Ltd is set to announce their financial results for the fiscal year ending March 31, 2026, at an upcoming meeting on May 15, 2026. Shareholders will be interested to know if a final dividend recommendation will be made by the board of directors in connection with these results.

Himadri Speciality is set to expand with the commencement of anode material production, while L&T enters the AI sector with the launch of Vyoma.AI. Godawari Power, on the other hand, has partnered with Roche Energy for growth. Birla Corp also announces unspecified expansion and tech initiatives. These companies are making strategic moves in energy, artificial intelligence, and technology to drive growth.

Godawari Power's unit has secured a new agreement for energy supplies with Shanghai Shenyi Roche Energy, expanding its global partnership network.

Godawari Power & Ispat has committed ₹50 crore towards their subsidiary, Godawari New Energy, to fund a significant 20 GWh battery storage project. This investment underscores their commitment to renewable energy solutions.

Godawari Power has boosted its stake in GNEPL to 100%, investing INR 50 crore for a battery energy storage project, driving shares up by 27.5% from March lows, reaching INR 304.95. This surge marks a 692% increase over the past five years, with potential major steel plant investments on the horizon.

Godawari Power & Ispat reached a record high of INR 299 on April 15, 2026, outpacing both its sector and the Sensex. This significant milestone indicates consistent strong performance for the company over time.

Godawari Power's subsidiary, GNEPL, has secured a 5-year contract with Chinese company EVE Power for LFP cells, which will power their 20GWh Battery Energy Storage System, ensuring consistent and cost-effective supply.

Godawari Power & Ispat Ltd reached a record high of INR 295.85 on April 8, 2026, reflecting their consistent success amidst intense competition within the iron and steel industry.

Godawari Power and Ispat have received approval to build a 6.91 MW waste heat recovery plant, which will convert industrial waste heat into usable electricity. This project is aimed at optimizing energy efficiency in their operations.

Godawari Power surpasses records with high iron ore and steel output in the recent fiscal year, but falls short of its 3MT iron ore production target by a margin.

Godawari Power fell short of its own 3 million tonne (MT) iron ore pellet production target, managing only 2.86 MT in the stated period. The company's production figures are lower than expected, potentially impacting its operational performance.

Godawari Power's shares soared by 5.7%, following the announcement of record production in FY26 for iron ore, pellets, and power. The company aims to build an integrated steel plant worth ₹7,000 crore in Raipur, with a capacity of 1 MTPA.

Godawari Power and Ispat Ltd have scheduled a virtual one-on-one meeting with Nirmal Bang Securities on April 3, 2026. This meeting does not involve any undisclosed price-sensitive information; for more details, check the company's website.