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Godawari Power & Ispat Eyes Higher Margin This Fiscal

Godawari Power & Ispat aims to produce around two metric tonnes iron ore by March from captive sources.

BQ Desk
A dumper truck loaded with excavated iron ore rock exits an iron ore mine. (Photographer: Vincent Mundy/Bloomberg)

Iron ore mining company Godawari Power & Ispat Ltd. expects an improvement in its operating margin, backed by more cost cuts and addition beyond the sponge iron business. The company aims to produce around 2 metric tonnes of iron ore from captive sources by March, he added.

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