Godawari Power & Ispat Share Price in Focus; Restarts Iron Ore Pellet Plant Operations

On August 29, 2026, Godawari Power & Ispat Limited announced the resumption of operations at its 2.00 MTPA Iron Ore Pellet Plant located in Phase-II, Siltara Industrial Area, Raipur, Chhattisgarh, as per the exchange filings.  

This development follows a prior temporary suspension of production due to market conditions. 

Resumption of Operations at Iron Ore Pellet Plant 

On August 29, 2026, Godawari Power & Ispat Limited informed the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) about the restart of its 2.00 MTPA Iron Ore Pellet Plant.  

The plant, situated in Phase-II, Siltara Industrial Area, Raipur, had previously halted production temporarily as per an earlier intimation dated July 14, 2026. 

The decision to resume operations was made in light of improved market conditions, allowing the plant to function normally once again. This update was communicated by Y.C. Rao, the Company Secretary of Godawari Power & Ispat Limited. 

Godawari Power and Ispat Q1 FY27 Earnings 

During the first quarter of FY27, Godawari Power and Ispat Ltd delivered a steady financial performance. Consolidated net profit grew to ₹221.7 crore from ₹216 crore in Q1 FY26.  

Total revenue saw robust growth, rising to ₹1,750.4 crore against ₹1,323 crore in the previous year's matching quarter.  

While EBITDA rose marginally to ₹333.6 crore, operational cost pressures resulted in the EBITDA margin contracting by 543 basis points to 19.06%. 

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Godawari Power & Ispat Share Price Performance 

As of August 28, 2026, at 3:30 PM, Godawari Power & Ispat share price on NSE was closed at ₹239.85, down by 0.20% from the previous closing price. 

Conclusion 

Godawari Power & Ispat Limited has resumed production at its 2.00 MTPA Iron Ore Pellet Plant in Raipur, Chhattisgarh. This decision follows improved market conditions, allowing the plant to operate normally after a temporary suspension. 

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