Results - Announcements
Gallantt Ispat Ltd. share price retreated by 6.89% to Rs 584.25 after the company's net profit tanked 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 eased by 2.32% over last one week and rallied by 15.59% in last one month while the market capitalization of Gallantt Ispat Ltd. has slipped by 6.82% and 11.52% 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 plunging by 49.54% quarter-on-quarter. EBITDA came in at Rs 92 crore, nosediving by 22.63% YoY and crashing by 45.11% sequentially.
Total expenses saw a slight increase of 8.18% to Rs 1071.7 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 794.21 crore, slightly declining by 9.99% YoY, while employee benefits expense was at Rs 41.71 crore, expanding by 7.75% YoY.
For the TTM ended FY26, revenue from operations inched higher 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 surged by 68817% to Rs 656.86 crore, and PBT saw a minor gain of 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. slipped 1.83% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 12.69% during the same period.