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.