Gallantt Ispat Ltd

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.

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.

New India Assurance Company Ltd, Poonawalla Fincorp Ltd, Syngene International Ltd, Cartrade Tech Ltd are among the other stocks to see a surge in volumes on NSE today, 12 October 2026.Gallantt Ispat Ltd. recorded volume of 190.14 lakh shares by 14:24 IST on NSE, a 299.7 times surge over two-week average daily volume of 63443 shares. The stock gained 16.01% to Rs.584.40. Volumes stood at 73498 shares in the last session.New India Assurance Company Ltd registered volume of 676.52 lakh shares by 14:24 IST on NSE, a 26.69 fold spurt over two-week average daily volume of 25.34 lakh shares. The stock rose 13.65% to Rs.184.38. Volumes stood at 23.04 lakh shares in the last session.Poonawalla Fincorp Ltd recorded volume of 236.05 lakh shares by 14:24 IST on NSE, a 23.38 times surge over two-week average daily volume of 10.10 lakh shares. The stock gained 0.83% to Rs.451.00. Volumes stood at 13.56 lakh shares in the last session.Syngene International Ltd saw volume of 30.87 lakh shares by 14:24 IST on NSE, a 7.64 fold spurt over two-week average daily volume of 4.04 lakh shares. The stock increased 6.20% to Rs.368.95. Volumes stood at 3.8 lakh shares in the last session.Cartrade Tech Ltd recorded volume of 11.74 lakh shares by 14:24 IST on NSE, a 5.59 times surge over two-week average daily volume of 2.10 lakh shares. The stock gained 8.15% to Rs.3,191.50. Volumes stood at 2.61 lakh shares in the last session.

New India Assurance Company Ltd, 63 Moons Technologies Ltd, Tips Music Ltd and Cemindia Projects Ltd are among the other gainers in the BSE's 'A' group today, 12 October 2026.Gallantt Ispat Ltd. soared 15.08% to Rs 580 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 15.84 lakh shares were traded on the counter so far as against the average daily volumes of 9414 shares in the past one month. New India Assurance Company Ltd surged 11.69% to Rs 181. The stock was the second biggest gainer in 'A' group. On the BSE, 7.58 lakh shares were traded on the counter so far as against the average daily volumes of 2.85 lakh shares in the past one month. 63 Moons Technologies Ltd spiked 7.62% to Rs 823.15. The stock was the third biggest gainer in 'A' group. On the BSE, 89925 shares were traded on the counter so far as against the average daily volumes of 20251 shares in the past one month. Tips Music Ltd jumped 7.31% to Rs 682.85. The stock was the fourth biggest gainer in 'A' group. On the BSE, 46421 shares were traded on the counter so far as against the average daily volumes of 11926 shares in the past one month. Cemindia Projects Ltd rose 7.26% to Rs 1208.2. The stock was the fifth biggest gainer in 'A' group. On the BSE, 40141 shares were traded on the counter so far as against the average daily volumes of 14405 shares in the past one month.

Lenskart Solutions Ltd, Poonawalla Fincorp Ltd, IndusInd Bank Ltd, ERIS Lifesciences Ltd are among the other stocks to see a surge in volumes on BSE today, 12 October 2026.Gallantt Ispat Ltd. witnessed volume of 10.66 lakh shares by 10:48 IST on BSE, a 89.46 times surge over two-week average daily volume of 11919 shares. The stock increased 12.32% to Rs.566.10. Volumes stood at 16102 shares in the last session.Lenskart Solutions Ltd witnessed volume of 295.53 lakh shares by 10:48 IST on BSE, a 56.9 times surge over two-week average daily volume of 5.19 lakh shares. The stock dropped 4.07% to Rs.650.15. Volumes stood at 1.08 lakh shares in the last session.Poonawalla Fincorp Ltd saw volume of 17.6 lakh shares by 10:48 IST on BSE, a 19.07 fold spurt over two-week average daily volume of 92282 shares. The stock increased 2.85% to Rs.460.80. Volumes stood at 77693 shares in the last session.IndusInd Bank Ltd notched up volume of 16.97 lakh shares by 10:48 IST on BSE, a 15.39 fold spurt over two-week average daily volume of 1.10 lakh shares. The stock slipped 0.53% to Rs.857.90. Volumes stood at 34412 shares in the last session.ERIS Lifesciences Ltd clocked volume of 1.01 lakh shares by 10:48 IST on BSE, a 8.82 times surge over two-week average daily volume of 11448 shares. The stock lost 0.11% to Rs.1,171.35. Volumes stood at 2012 shares in the last session.

Net profit of Gallantt Ispat declined 28.84% to Rs 123.67 crore in the quarter ended June 2026 as against Rs 173.79 crore during the previous quarter ended June 2025. Sales rose 1.59% to Rs 1145.67 crore in the quarter ended June 2026 as against Rs 1127.78 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1145.671127.78 2 OPM %16.1621.89 - PBDT194.93248.03 -21 PBT164.81216.37 -24 NP123.67173.79 -29 Powered by Capital Market - Live

Gallantt Ispat will hold a meeting of the Board of Directors of the Company on 27 July 2026.

Gallantt Ispat announced that Pradyumna Kumar Satpathy, Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company, has tendered his resignation from the said positions, citing pre-occupation and other personal reasons w.e.f. close of business hours of 15 August 2026.

Gallantt Ispat announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 25 June 2026.

Total expenses for the period under review added up to Rs 1,067 crore, up 15.4% YoY. This was primarily due to higher raw material costs (up 23.65% YoY) and higher employee expenses (up 31.25% YoY). EBITDA for Q4 FY26 was Rs 208.9 crore (up 7.3% YoY), translating to an EBITDA margin of 17.3% (down 90 basis points YoY). EBITDA per tonne marginally reduced to Rs 8,882 in Q4 FY26 from Rs 9,066.1 in Q4 FY25. Profit before tax in Q4 FY26 stood at Rs 162 crore, up by 1.96% from Rs 158 crore in Q4 FY25. For FY26, the company has recorded consolidated net profit and revenue from operations of Rs 484 crore (up 20.84% YoY) and Rs 4,479 crore (up 3.95% YoY), respectively. CP Agrawal, chairman & managing director, Gallantt Ispat, commented: 'With an ongoing capex of Rs 3000 crore toward capacity expansion from 1.00 MMTPA to 1.29 MMTPA, to be commissioned in H2 FY2027, we are well positioned to drive volume growth. Additionally, the operationalisation of iron ore mines by FY2028 is expected to improve EBITDA margin progressively over the next two years. We achieved 82.9% utilization in FY2025-26 as compared to 80.5% in FY2024-25. The expansion of finished steel by nearly 29-30% will be commissioned progressively through H1 FY2027, with volume impact expected in H2 FY2027. Furthermore, our captive iron ore blocks in Rajasthan and Uttar Pradesh, once operational, will enhance raw material security and are expected to deliver an EBITDA improvement of approximately Rs 2,000 per tonne.' Gallantt Ispat is the largest producer of Rebars in Uttar Pradesh with a 25% market share in its addressable geographies. The company operates an integrated steel manufacturing business from its two manufacturing units - one at Gorakhpur (UP) and another at Kutch (Gujarat) and they together add up to 1.0 MTPA of finished steel capacity, supported by 129 MW of captive power. Powered by Capital Market - Live