Gujarat Industries Power Company Q4 FY26 results (Jan–Mar 2026) and concall

Power · Concall AI · Call held 10 Jul 2026

Company page: Gujarat Industries Power Company share price, financials & guidance record

GIPCL reported its Q4 and full-year FY26 results, highlighting strong performance from thermal assets and significant growth projections for its solar portfolio, particularly the 600 MW Khavda project. The company outlined ambitious expansion plans for both thermal lignite (750 MW) and solar (200-300 MW), alongside a strategic pivot to Battery Energy Storage Systems (BESS) for its gas-based plant locations. While anticipating substantial EBITDA growth, management also cautioned about increased interest and depreciation costs in FY27 due to new capacity additions and ongoing power evacuation ch

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What they filed

Q4 FY26: revenue up 26.6%, net profit up 367.1% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	276	322	338	372	321 +16%	370 +15%	428 +27%
Expenses	195	233	219	259	214	248	233
EBITDA	81	89	119	113	108 +33%	122 +37%	195 +64%
Margin	29%	28%	35%	30%	34%	33%	46%
Other income	17	15	15	19	21	13	42
Interest	8	8	7	7	18	36	49
Depreciation	43	43	42	46	64	78	90
Profit before tax	48	53	86	79	46 −4%	21 −60%	98 +14%
Tax rate	27%	27%	18%	28%	54%	115%	-234%
Net profit	35	39	70	57	21 −40%	-3 −108%	327 +367%
EPS	2.30	2.59	4.49	3.70	1.37	-0.21	21.06

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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