GP

Gujarat Industries Power Co Ltd

Q2 FY24Power

Gujarat Industries Power Co Q2 FY24 earnings call: Revenue & Margins

Q2 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹186
Market cap₹2.9K Cr
P/E5.8
Updated24 Sept 2026
Read4 min read

Based on Gujarat Industries Power Co Ltd's Q2 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue from Operation for HY (Half Year) 2023-24: Rs. EBITDA for HY 2023-24: Rs.

From Gujarat Industries Power Co Ltd's Q2 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Revenue from Operation for HY (Half Year) 2023-24: Rs. 622.39 Crores (Page 10)
  • Revenue from Operation for FY 2022-23: Rs. 1,355.56 Crores (Page 10)
  • Year-on-year comparison is not explicitly stated for the quarter, but comparing HY 2023-24 with half of FY 2022-23 implies steady revenue.
  • No explicit quarterly sales volume figures are reported in the presentation.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Gujarat Industries Power Co Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • 600MW Solar Power Project at Khavda
  • Bid won under Green Shoe option of GUVNL Tender
  • Letter of Intent received in May 2023
  • Project Management Consultant appointed (Tata Consulting Engineers)
  • Basic engineering and tendering initiated
  • PPA signed with GUVNL at Rs. 2.73/unit on 11.08.2023
  • Status: Early-stage, implementation started
  • 500MW Solar Power Project at Khavda
  • PPA signed with GUVNL at Rs. 2.73/unit on 30.10.2023
  • 2375MW Renewable Energy Park at Khavda
  • Leasehold land allotted near Great Rann of Kutch
  • Part of 30GW RE Park planned near International Border
  • Approved under MNRE’s Ultra Mega Renewable Energy Power Project (UMREPP) Mode-8
  • Infrastructure work orders issued for pooling substations, internal roads, drains

2 more points management made on capital expenditure plans

Top-ranked in Power

Ranked on what management guided this quarter

5x potential
1Insolation Ener
Rev 1Mar 1
2ACME Solar Hold.
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Gujarat Industries Power Co Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation reports the following regarding order book, order inflow, or pending orders: - No specific mention of an order book or order inflow is detailed in the presentation. - However, under Future Growth Plans (Pages 8-9), it is noted that: - The company has received the Letter of Intent (LoI) for a 600 MW Solar Power Project at Khavda from GUVNL in May 2023. - Basic engineering and tendering activities have been initiated with Tata Consulting Engineers appointed as Project Management Consultant. - Power Purchase Agreements (PPAs) for 600 MW and 500 MW Solar Power Projects at Khavda have been signed with GUVNL at Rs. 2.73 per unit tariffs in 2023.

2 more points management made on order book & pipeline

Gujarat Industries Power Co Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹370 Cr, net loss ₹3 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were Gujarat Industries Power Co Ltd Q2 FY24 results?

Revenue from Operation for HY (Half Year) 2023-24: Rs. EBITDA for HY 2023-24: Rs.

What is Gujarat Industries Power Co Ltd share price analysis?

Gujarat Industries Power Co Ltd currently shows a neutral. The stock trades at a P/E of 5.8 with a market cap of ₹2,923 Cr. Investors should review the full earnings analysis for detailed insights.

Is Gujarat Industries Power Co Ltd planning capital expenditure?

600MW Solar Power Project at Khavda - Bid won under Green Shoe option of GUVNL Tender - Letter of Intent received in May 2023 - Project Management Consultant appointed (Tata Consulting Engineers) - Basic engineering and tendering initiated - PPA signed with GUVNL at Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.