Godawari Power reported strong Q4 FY26 results with EBITDA surging 91% QoQ to INR 439 crore and PAT reaching INR 280 crore.
The company received environmental approval to expand Ari Dongri iron ore mine capacity from 2.35 to 6 million tons, with full operations targeted from FY28.
Strategic projects include commissioning a 2-million-ton pellet plant, progressing on a 0.7-million-ton CRM complex, and setting up a 20-Gigawatt BESS project.
Management provided FY27 guidance targeting 3.4 million tons of net usable iron ore production and revenue exceeding INR 6,000 crore with 24-25% EBITDA margins.