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Incorporated in 2005,Gallantt Ispat Limited is a leading Iron and Steel manufacturing Company located in Eastern Uttar Pradesh. The Co is engaged in the business of Iron & Steel, Agro, Power and Real Estate.
The company clarified a discrepancy in its quarter financial results where standalone and consolidated figures were identical. This is because its wholly-owned subsidiary currently has no revenue or profit, confirming no impact on previously disclosed figures.
Gallantt Ispat reported Q1 FY27 revenue of INR 1,146 Cr (+2% YoY) and PAT of INR 124 Cr (11% margin). Despite a seasonally soft quarter, higher input costs, and a pellet plant shutdown, the company maintained stable operating performance QoQ, showcasing business model resilience. Capacity expansion to 1.23MT and renewable...