Gallantt Ispat Limited — Updates, 04-11-2024: Press Release

Gallantt Ispat Limited reported significant financial results for Q2 and H1 FY25, showing EBITDA of Rs. 48.89 crore and Rs. 170.76 crore respectively, with notable revenue growth. The company achieved increased production volumes due to strong demand driven by infrastructure investments. Additionally, Gallantt has been successfully awarded a composite license for an iron ore block in Rajasthan, enhancing its resource base. Cost rationalization efforts have positively impacted profitability, reflecting a focus on operational efficiency.