Godawari Power and Ispat Ltd has announced its Financial Results for the period ended December 31st 2011. The company has posted net profit of INR 106.2 million for the quarter ended December 31st 2011 as compared to INR 211.9 million for the quarter ended December 31st 2010, representing a decrease of 49.88%.

The total income was at INR 4809.6 million for the quarter ended December 31st 2011 where as the same was at INR 2285.2 million for the quarter ended December 31st 2010, representing an increase of 110.47%.

Total income was at INR 14036.4 million for the 9 months period ended December 31st 2011 where as the same was at INR 5723.4 million for the 9 months period ended December 31st 2010, representing an increase of 145.25%.

(Sourced from Equity Bulls)