Godawari Power and Ispat Ltd reports drop in consolidated Q2 FY23 net profit to Rs. 168.53 crores

has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1333.34 crores during the period ended September 30, 2022 as compared to Rs. 1682.38 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 168.53 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 327.09 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 12.99 for the period ended September 30, 2022 as compared to Rs. 25.21 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 1333.34 crs	₹1682.38 crs	-20.75%
Net Profit	₹168.53 crs	₹327.09 crs	-48.48%
EPS	₹12.99	₹25.21	-48.47%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 1333.34 crores during the period ended September 30, 2022 as compared to Rs.1277.03 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.168.53 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.296.69 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.12.99 for the period ended September 30, 2022 as compared to Rs.22.54 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 1333.34 crs	₹1277.03 crs	4.41%
Net Profit	₹168.53 crs	₹296.69 crs	-43.20%
EPS	₹12.99	₹22.54	-42.37%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3015.72 crores during the 6 Months period ended September 30, 2022 as compared to Rs.2437.87 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.495.62 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.731.56 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.38.21 for the 6 Months period ended September 30, 2022 as compared to Rs.55.57 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹3015.72 crs	₹2437.87 crs	23.70%
Net Profit	₹495.62 crs	₹731.56 crs	-32.25%
EPS	₹38.21	₹55.57	-31.24%

Source : Equity Bulls

Keywords

GodawariPowerandIspat Q2FY23 H1FY23 ResultUpdate GPIL