Gallantt Ispat Ltd.'s Q2 FY 2025-26 Quarterly Results

Result Summary

• Gallantt Ispat Ltd. reported a 9.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.6%.
• Its expenses for the quarter were up by 0.5% QoQ and 4.9% YoY.
• The net profit decreased 48.8% QoQ and increased 81.9% YoY.
• The earnings per share (EPS) of Gallantt Ispat Ltd. stood at 3.62 during Q2 FY 2025-26.

Financial Statments for Q2 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 diversified steel manufacturing company engaged in the production of iron and steel products, catering primarily to the infrastructure and construction industries. It operates in the steel industry, which is a key sector for economic development due to its role in infrastructure and manufacturing. As of the latest available data, there are no specific recent major developments publicly disclosed for Gallantt Ispat Ltd. The company continues to focus on enhancing its production capacity and operational efficiency to meet the growing demand for steel products.

Revenue

In Q2FY26, Gallantt Ispat Ltd. reported a total income of ₹1025.97 crores, which reflects a decrease of 9.6% compared to the previous quarter (Q1FY26), where the total income was ₹1134.60 crores. However, on a year-over-year basis, there was an increase of 8.6% from Q2FY25, when the total income was ₹944.64 crores. These figures indicate fluctuations in the company's revenue generation over the quarters, with a notable year-over-year growth despite a quarter-over-quarter decline. The overall revenue trend shows a positive annual growth, aligned with market opportunities.

Profitability

Gallantt Ispat Ltd. recorded a Profit Before Tax (PBT) of ₹103.01 crores in Q2FY26, which shows a significant decline of 52.4% compared to Q1FY26, where PBT was ₹216.37 crores. However, compared to the same quarter in the previous year (Q2FY25), the PBT increased by 58.3%, from ₹65.09 crores. The Profit After Tax (PAT) for Q2FY26 was ₹88.93 crores, marking a drop of 48.8% from ₹173.79 crores in Q1FY26, but an increase of 81.9% from ₹48.89 crores in Q2FY25. The tax expense decreased notably by 62.9% from the previous quarter and by 2.5% year-over-year. Earnings Per Share for Q2FY26 stood at ₹3.62, which declined by 49.7% QoQ but increased by 78.3% YoY. These figures highlight variability in the company's profitability across different time periods.

Operating Metrics

In terms of operating metrics, Gallantt Ispat Ltd.'s total expenses for Q2FY26 were ₹922.96 crores, reflecting a slight increase of 0.5% from the previous quarter (Q1FY26) with expenses of ₹918.23 crores. Compared to Q2FY25, there was an uptick of 4.9% from ₹879.56 crores. The operating expenses management and cost control appear consistent, with minor quarterly changes but a more significant annual increase. These operational metrics suggest adjustments in cost structure, potentially in response to market conditions or operational strategies. The consistent expense management is crucial for maintaining profitability amid fluctuating revenue and income.