Whalesbook
Godawari Power and Ispat Limited announced its wholly owned subsidiary, Godawari New Energy Private Ltd (GNEPL), has been allotted preference shares worth ₹124.95 crore. These funds will support the setup of a Battery Energy Storage System Plant with an initial 10 GWh capacity. Concurrently, the company reported a 1.5% rise in net profit to ₹161 crore for the September quarter, with revenue growing 3.2% to ₹1,307 crore.