Godawari Power Zooms Over 4% On Jump In March Quarter Profit

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At 11:20 am, Godawari Power shares had been buying and selling increased by Rs 44 or 4.4 per cent on BSE

Godawari Power and Ispat zoomed greater than 4 per cent after the copmpany posted a multifold soar in consolidated internet revenue within the March quarter. At 11:20 am, Godawari Power shares had been buying and selling at Rs 1,002, increased by Rs 44 or 4.4 per cent, on the BSE.

Godawari Power posted a internet revenue of Rs 304.01 crore within the quarter ended March 21 as towards Rs 34.22 crore within the year-ago interval, primarily on the again of upper revenues, the corporate mentioned in a BSE submitting.

The firm’s whole earnings rose to Rs 1,263.67 crore within the quarter into consideration from Rs 787.74 crore in the identical quarter a 12 months in the past.

Meanwhile, the board of Godawari Power beneficial a closing dividend of Rs 13.50 per share of Rs 10 every for 2020-21; that is along with the interim dividend of Rs 5 per share of Rs 10 every.

The BSE Sensex and NSE Nifty had been buying and selling increased by 0.5 per cent every at 50,914.40 and 15,218.20 on the time.



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