Shares of Godawari Power and Ispat surged more than 4% in early trade on Wednesday after the company reported a strong set of Q4FY26 earnings, driven by healthy operational performance and sharp margin expansion.
At around 9:37 AM, Godawari Power shares were trading near the day’s high after investor sentiment turned positive following better-than-expected profitability numbers.
Strong operational performance boosts sentiment
The company reported consolidated revenue of Rs 1,610 crore in the March quarter, marking a 9.7% year-on-year growth compared to Rs 1,468 crore in the corresponding quarter last year.
EBITDA jumped 37.9% YoY to Rs 439 crore from Rs 318 crore, reflecting improved operating efficiency and stronger realisations.
The biggest positive came from margin performance, with EBITDA margin expanding to 27.3% versus 21.7% in the year-ago period, indicating significant improvement in cost management and operational leverage.
Net profit for the quarter rose 26.6% to Rs 280 crore compared to Rs 221 crore reported in the same quarter last year.
Stock touches fresh highs after earnings
Following the earnings announcement, the stock witnessed strong buying interest during morning trade.
Godawari Power share price performance (as of 9:37 AM)
- Today’s low: Rs 291.50
- Today’s high: Rs 304.90
- 52-week low: Rs 175.37
- 52-week high: Rs 312.75
- Opening price: Rs 299.95
- Previous close: Rs 290.55
- Live volume: 59,25,076 shares
The stock is now trading close to its 52-week high of Rs 312.75, reflecting bullish momentum after the quarterly earnings announcement.