 "Godawari Power and Ispat Q3 net profit doubles to Rs 337 crore")
Godawari Power and Ispat Ltd (GPIL) on Monday reported an over two-fold jump in net profit at Rs 336.87 crore for the quarter ended December 31, 2021.
In the year-ago quarter, the company's "net profit from ordinary activities after tax" stood at Rs 166.36 crore.
Total income from operations was at Rs 1,614.66 crore during October-December 2021-22 as against Rs 1,132.49 crore a year ago.
Expenses were at Rs 1,160.54 crore compared to Rs 856.94 crore in same period of 2020-21.
GPIL is the flagship company of Raipur-based Hira Group of Industries having dominant presence in the long product segment of the steel industry, mainly into mild steel wire.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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