Gallantt Ispat
524.10
+6.45(+1.25%)
Market Cap₹12,645.53 Cr
PE Ratio25.36
Company Performance:
1D+1.25%
1M-11.56%
6M-1.23%
1Y+52.93%
5Y+1,326.12%
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More news about Gallantt Ispat
08Dec 25
Gallantt Ispat Limited: Promoter Group Share Transfer
Gallantt Ispat Limited reported an internal share transfer within its promoter group. Mr. Chandra Prakash Agarwal transferred 1,30,000 shares to Mrs. Madhu Agarwal on January 19, 2024. This transfer does not affect the total promoter shareholding or the company's operations. It may be part of family estate planning or internal restructuring.
03Nov 25
Gallantt Ispat Reports Q2 Performance, Divests Associate Companies and Plans 18MW Solar Plant
Gallantt Ispat Limited reported Q2 FY2026 revenue of Rs. 1,012.75 crores and net profit of Rs. 67.23 crores. The company approved the sale of its stakes in two associate companies for a total of Rs. 89.70 crores. Additionally, the board approved setting up an 18MW Solar Power Plant in Gujarat with an estimated investment of Rs. 48.25 crores, expected to be operational by May 31, 2026.
09Oct 25
Gallantt Ispat Ventures into Solar Power with New Subsidiary
Gallantt Ispat Limited has approved the establishment of a wholly-owned subsidiary, Suryalaxmi Technologies Private Limited, to enter the renewable energy sector. The company plans to set up a 62.5 to 80 MW solar power plant in Prayagraj district, Uttar Pradesh, with an initial investment of ₹1.00 lakh. The project aims to sell and transmit power to the State Government or Energy Exchange. This strategic move marks a significant diversification from Gallantt Ispat's core steel business and aligns with India's focus on renewable energy.
06Oct 25
Gallantt Ispat to Expand Operations with New Subsidiaries and Solar Power Plant
Gallantt Ispat Limited's Board of Directors will meet on October 9, 2023, to review and potentially approve the incorporation of new wholly-owned subsidiaries and the establishment of a solar power plant. These initiatives suggest strategic expansion and diversification of the company's operations, as well as a move towards sustainable energy practices.
29Jul 25
Gallantt Ispat Reports 43% Surge in Q1 Net Profit, Reaches Rs 173.8 Crore
Gallantt Ispat Limited announced strong Q1 FY2025-26 results with net profit rising 43% year-on-year to Rs 173.80 crore. Despite a slight dip in revenue to Rs 1,127.80 crore, the company improved profitability through effective cost management, reducing total expenses to Rs 918.20 crore. Basic EPS increased to Rs 7.20 from Rs 5.05 in the previous year. The company, which manufactures steel products including pellets, sponge iron, and TMT bars, approved these unaudited results on July 29, 2025.
19Jun 25
Gallantt Ispat Secures Preferred Bidder Status for Two Iron Ore Blocks in Uttar Pradesh
Gallantt Ispat has been selected as the preferred bidder for two iron ore blocks in Uttar Pradesh, with combined reserves of 50.59 million metric tons. This acquisition is expected to enhance the company's resource security, potentially optimize costs, and support long-term growth plans in the steel industry. The development may also contribute to economic growth in the region.
21May 25
Gallantt Ispat Reports Mixed Q4 Results, Recommends Dividend
Gallantt Ispat Ltd. released its Q4 financial results, showing improved profitability despite revenue decline. Revenue decreased to ₹10.72 billion from ₹11.80 billion year-over-year, while net profit increased to ₹1.16 billion from ₹954.00 million. EBITDA remained stable at ₹1.83 billion, with an improved margin of 17.08%. The company's board recommended a final dividend of ₹1.25 per equity share.
04Apr 25
Gallantt Ispat to Consider Manufacturing Unit Expansion in Gorakhpur
Gallantt Ispat Ltd. has scheduled a board meeting for April 9, 2025, to discuss potential expansion of its manufacturing units in Gorakhpur, Uttar Pradesh. The expansion, if approved, could increase production capacity, enhance market competitiveness, and contribute to the local economy. The company currently operates facilities in Gorakhpur and Samakhyali, Gujarat.
Gallantt Ispat
524.10
+6.45
(+1.25%)
1 Year Returns:+52.93%
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