Gallantt Ispat Ltd.'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Gallantt Ispat Ltd. reported a 3.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.3%.
• Its expenses for the quarter were down by 11.3% QoQ and 6.4% YoY.
• The net profit increased 82.2% QoQ and increased 42.6% YoY.
• The earnings per share (EPS) of Gallantt Ispat Ltd. stood at 7.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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 power industry. It primarily focuses on the production of steel products, which are essential components in various industrial sectors. The company's portfolio includes products such as billets, TMT bars, and rolled products. These products are crucial for construction and infrastructure development. As a player in the steel sector, Gallantt Ispat is impacted by fluctuations in raw material prices, demand from the construction industry, and regulatory changes. Recent developments within the industry or the company are not provided, and there is no available data about any major transformations or strategic shifts that Gallantt Ispat Ltd. might have undergone in the recent quarter.

Revenue

In the first quarter of fiscal year 2026, Gallantt Ispat Ltd. reported a total income of ₹1134.60 crores. This marked a decrease of 3.9% compared to the previous quarter, Q4FY25, where the total income was ₹1180.76 crores. Year-over-year, the total income decreased by 2.3% from ₹1160.85 crores in Q1FY25. These figures reflect the revenue-generating capacity of the company over the specified periods, showing a slight decline both quarterly and annually. The revenue performance is a critical metric for understanding the company's ability to generate sales and maintain its market position amidst industry challenges.

Profitability

Gallantt Ispat Ltd.'s profitability metrics for Q1FY26 indicate an improvement in comparison to both the previous quarter and the same quarter in the prior year. The company achieved a Profit Before Tax (PBT) of ₹216.37 crores, which represents a 48.9% increase quarter-over-quarter from ₹145.27 crores in Q4FY25, and a 20.6% increase year-over-year from ₹179.34 crores in Q1FY25. The Profit After Tax (PAT) for Q1FY26 was ₹173.79 crores, showing a significant increase of 82.2% QoQ from ₹95.39 crores and a 42.6% increase YoY from ₹121.87 crores. This improvement in profitability metrics suggests effective management of costs and operational efficiencies. The Earnings Per Share (EPS) also saw an increase to ₹7.20 in Q1FY26 from ₹4.00 in Q4FY25, representing an 80.0% QoQ increase, and a 44.0% YoY increase from ₹5.00 in Q1FY25.

Operating Metrics

The company's total expenses in Q1FY26 were ₹918.23 crores, reflecting a decrease of 11.3% compared to Q4FY25's ₹1035.48 crores, and a 6.4% decrease from Q1FY25's ₹981.51 crores. This reduction in expenses contributed to the company's improved profitability margins in the current quarter. The tax expense for the quarter was ₹42.58 crores, which declined by 14.6% from the previous quarter's ₹49.88 crores and by 25.9% from the ₹57.47 crores reported in Q1FY25. These changes in operating metrics are crucial for analyzing the company's cost management and tax efficiency over the quarters.