Godawari Power and Ispat Ltd (Q2 FY09)
Strong realisations continue to bolster topline by 86.1% yoy
Rising raw material costs lead to a 520bps yoy drop in OPM
GPIL plans to sell higher amount of sponge iron than billets in the next two quarters
Iron ore mining expected to start in Q3 FY09, earlier than expected
The company announces a buyback at a price not exceeding Rs135 per share

Tata Power Ltd (Q2 FY09)
Revenue growth of 45% yoy backed by sharp rise in realizations
OPM down 580 bps yoy due to steep rise in fuel costs
Net profit growth of 1.7% yoy not comparable due to change in accounting policy
Growth plans intact with funding and fuel tie-ups in place for most projects under implementation