Gujarat Industries Power Company Ltd
Outcome of Board Meeting pursuant to Regulation 30 & 33 of SEBI LODR Regulations, 2015
Gujarat Industries Power Company Ltd has announced its unaudited financial results for the first quarter of FY 2026-27, showing a profit before tax of Rs. 21,118.36 lakhs and a profit for the period of Rs. 15,789.70 lakhs. The company has also approved the awarding of a contract worth Rs. 239.25 crores to M/s. Bondada Engineering Limited for the design, engineering, supply & procurement, civil & structural works, erection including testing, commissioning including O&M of ten years (10) of Battery Energy Storage System (BESS) rated capacity of 20mw/120mwh at the point of injection (132kv GIPCL substation) of GIPCL, Vadodara, subject to GUVNL consent.