Gallantt Ispat L's Q1 FY 2026-27 Quarterly Results

Result Summary

• Gallantt Ispat Ltd. reported a 5.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 2.6%.
• Its expenses for the quarter were down by 6.4% QoQ and up 8.8% YoY.
• The net profit increased 0.7% QoQ and decreased 28.8% YoY.
• The earnings per share (EPS) of Gallantt Ispat Ltd. stood at 5.13 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Gallantt Ispat Ltd. is a company operating in the steel and iron industry, providing a range of products that include steel billets, sponge iron, and TMT bars. The company primarily caters to the construction and infrastructure sectors, which are significant consumers of steel products. Over recent years, Gallantt Ispat Ltd. has focused on expanding its production capacity and enhancing operational efficiencies to meet increasing demand in its target markets. However, specific recent developments about the company are not available in the provided data.

Revenue

In the first quarter of FY27, Gallantt Ispat Ltd. reported a total income of ₹1163.98 crores, which reflects a decrease of 5.3% when compared to ₹1229.34 crores in the fourth quarter of FY26. On a year-over-year basis, the company's total income increased by 2.6% from ₹1134.60 crores in Q1FY26. The company's revenue performance in the latest quarter shows a slight growth on an annual basis, despite the sequential decline from the previous quarter. These revenue figures indicate the company's ability to maintain a relatively stable income stream over the past year, although there is a notable drop in quarterly performance.

Profitability

Gallantt Ispat Ltd.'s profitability metrics for Q1FY27 show that the profit before tax amounted to ₹164.81 crores, experiencing a modest quarter-over-quarter increase of 2.0% from ₹161.61 crores in Q4FY26. Year-over-year, however, there was a decline of 23.8% from ₹216.37 crores in Q1FY26. The tax expense for Q1FY27 was ₹41.15 crores, which is 6.1% higher than the previous quarter but 3.4% lower than the same quarter last year. Consequently, the profit after tax for the quarter was ₹123.67 crores, marking a slight increase of 0.7% from the preceding quarter, but a significant decrease of 28.8% compared to the same period last year. The earnings per share (EPS) for Q1FY27 stood at ₹5.13, showing a quarter-over-quarter rise of 0.8% but a year-over-year decline of 28.8%.

Operating Metrics

In terms of operating metrics, Gallantt Ispat Ltd. reported total expenses of ₹999.15 crores for Q1FY27, which represents a reduction of 6.4% from ₹1067.72 crores in Q4FY26 and an 8.8% increase from ₹918.23 crores in Q1FY26. This indicates a decrease in operational spending on a quarterly basis, but an increase in expenses compared to the same quarter last year. The company's ability to manage its expenses while facing fluctuations in income is a key aspect of its operational strategy. The financial data reflects the company's efforts to control costs while maintaining production and service delivery.