Godawari Power and Ispat Ltd posts jump in Q2 PAT to Rs. 104.12 crore

GODAWARI POWER & ISPAT LTD. has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.967.49 crores during the period ended September 30, 2020 as compared to Rs.712.31 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.104.12 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.46.49 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.29.55 for the period ended September 30, 2020 as compared to Rs.13.19 for the period ended June 30, 2020.

Financials	Q2 FY20-21	Q1 FY20-21	% Change
Total Income	₹ 967.49 crs	₹ 712.31 crs	35.82%
Net Profit	₹ 104.12 crs	₹ 46.49 crs	123.96%
EPS	₹ 29.55	₹ 13.19	124.03%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.967.49 crores during the period ended September 30, 2020 as compared to Rs.829.43 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.104.12 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.49.39 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.29.55 for the period ended September 30, 2020 as compared to Rs.14.02 for the period ended September 30, 2019.

Financials	Q2 FY20-21	Q2 FY19-20	% Change
Total Income	₹ 967.49 crs	₹ 829.43 crs	16.65%
Net Profit	₹ 104.12 crs	₹ 49.39 crs	110.81%
EPS	₹ 29.55	₹ 14.02	110.77%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.1679.80 crores during the 6 months period ended September 30, 2020 as compared to Rs.1664.93 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.150.61 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.103.78 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.42.74 for the 6 months period ended September 30, 2020 as compared to Rs.29.45 for the 6 months period ended September 30, 2019.

Financials	Half-Year Ended FY20-21	Half-Year Ended FY19-20	% Change
Total Income	₹ 1679.80 crs	₹ 1664.93 crs	0.89%
Net Profit	₹ 150.61 crs	₹ 103.78 crs	45.12%
EPS	₹ 42.74	₹29.45	45.13%

Shares of GODAWARI POWER & ISPAT LTD. was last trading in BSE at Rs.381.2 as compared to the previous close of Rs. 376.55. The total number of shares traded during the day was 15876 in over 940 trades.

The stock hit an intraday high of Rs. 389.5 and intraday low of 377.1. The net turnover during the day was Rs. 6094726.

Source : Equity Bulls

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