Brief: Godawari Power And Ispat Says Q1 Profitability To Be Affected Due To Lockdown

Godawari Power And Ispat

08/06/2020 11:23

June 8 (Reuters) - Godawari Power and Ispat Ltd  GDPI.NS :
    * IN Q1FY21, EXPECTS TO ACHIEVE 60%-90% PRODUCTION IN
DIFFERENT
PRODUCTS DEPENDING ON DEMAND SCENARIO
    * EXPECTS TO MAINTAIN OPERATIONS AT NORMAL LEVEL FOR REST OF
YEAR
    * DOES NOT FORESEE MAJOR IMPACT ON OPERATIONS, EXCEPT IMPACT
ON
BUSINESS DURING Q1 DUE TO LOCKDOWN
    * Q1 PROFITABILITY TO BE AFFECTED DUE TO LOWER PRODUCTION
AND
SALES AMID LOCKDOWN

Source text for Eikon:  ID:nBSE5GhDDY 
Further company coverage:  GDPI.NS 

 ((Reuters.Briefs@thomsonreuters.com;))