June 8, 2020 / 10:27 AM / a month ago

BRIEF-Godawari Power And Ispat Says Q1 Profitability To Be Affected Due To Lockdown

June 8 (Reuters) - Godawari Power and Ispat Ltd:

* 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: Further company coverage:

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