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GPIL 2QFY25 Results: Weaker Performance by DEBRAJ CHATTERJEE is a document available to read on EtoBox.

Godawari Power & Ispat Ltd (GPIL) reported a 32% year-on-year decline in EBITDA for 2QFY25, significantly missing expectations due to lower production volumes impacted by monsoons and maintenance shutdowns. The company has revised its iron ore production guidance down from 3mt to 2.35mt for FY25E, while maintaining a LONG rating with a target price of Rs 270. Despite current challenges, GPIL is expected to see healthy EBITDA growth in FY26-FY27E driven by increased capacities and cost savings.

Author

DEBRAJ CHATTERJEE

Language

EN