Results - Announcements
Gallantt Ispat Ltd. share price ticked higher by 2.74% to Rs 627.5 after the company's net profit tumbled by 51.07% to Rs 60.51 crore, while revenue from operations improved marginally 0.02% to Rs 1145.89 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.22 lakh crore, slipping 1.17%. It has softened by 0.28% over last one week and jumped by 19.33% in last one month while the market capitalization of Gallantt Ispat Ltd. has gained 10.65% and 16.31% in the same period respectively.
Profit before tax (PBT) of Gallantt Ispat Ltd. stood at Rs 83.17 crore in Q3 FY26, tanking 19.26% year-on-year, and tumbling by 49.54% quarter-on-quarter. EBITDA came in at Rs 92 crore, crashing by 22.63% YoY and nosediving by 45.11% sequentially.
Total expenses grew marginally by 8.18% to Rs 1071.7 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 794.21 crore, easing 9.99% YoY, while employee benefits expense was at Rs 41.71 crore, registering a growth of 7.75% YoY.
For the TTM ended FY26, revenue from operations tick up 2.94% to Rs 4418.92 crore, while net profit saw a strong growth of 20.84% to Rs 484.27 crore, compared to previous TTM. EBITDA jumped by 68817% to Rs 656.86 crore, and PBT inched up 6.33% to Rs 604.03 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 602.26 crore in FY26, as against Rs 578.8 crore in FY25.
Gallantt Ispat Ltd. ticked higher by 4.26% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 12.46% during the same period.