Question 1

What was Gallantt Ispat's net profit in Q2 FY27?

Accepted Answer

Consolidated net profit was ₹60.5 crore, down 32.0% from ₹88.9 crore in Q2 FY26 and down 51.1% from ₹124 crore in Q1 FY27.

Question 2

What is Gallantt Ispat's net profit margin?

Accepted Answer

Gallantt Ispat's net profit margin was 5.3% in Q2 FY27 (net profit as a share of revenue from operations), against 8.8% in Q2 FY26 (down 3.5 percentage points). For FY26 as a whole it was 11.0%.

Question 3

What was Gallantt Ispat's net profit in FY26?

Accepted Answer

Consolidated net profit was ₹484 crore in FY26 (April 2025–March 2026), up 20.8% from ₹401 crore in FY25. It was ₹225 crore in FY24 and ₹141 crore in FY23: up 243.7% over three years, 50.9% a year on average.

Question 4

What was Gallantt Ispat's revenue in Q2 FY27?

Accepted Answer

Revenue from operations was ₹1,146 crore, up 13.1% year on year and unchanged from the previous quarter.

Question 5

What was Gallantt Ispat's EPS in Q2 FY27?

Accepted Answer

Basic earnings per share were ₹2.51, against ₹3.62 in Q2 FY26.

Question 6

What was Gallantt Ispat's revenue in FY26?

Accepted Answer

Revenue from operations was ₹4,419 crore in FY26 (April 2025–March 2026), up 2.9% from ₹4,293 crore in FY25. It was ₹4,227 crore in FY24 and ₹4,035 crore in FY23: up 9.5% over three years, 3.1% a year on average.

Question 7

How were Gallantt Ispat's Q2 FY27 results?

Accepted Answer

Revenue grew from a year earlier while net profit fell: revenue was up 13.1% at ₹1,146 crore, and net profit was down 32.0% at ₹60.5 crore. The operating margin was 6.5%, down 3.3 percentage points from 9.8% a year earlier. Against Q1 FY27, net profit was down 51.1% and revenue unchanged.

Question 8

What was Gallantt Ispat's operating margin in Q2 FY27?

Accepted Answer

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹74.2 crore, a margin of 6.5%, against 13.5% in Q1 FY27 and 9.8% in Q2 FY26. EBITDA was ₹110 crore, 9.6% of revenue.

Question 9

What was Gallantt Ispat's net profit in the first half of FY27?

Accepted Answer

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹184 crore, down 29.9% from ₹263 crore in the same months a year earlier. Revenue from operations was ₹2,292 crore, up 7.1%.

Question 10

How has Gallantt Ispat's profit changed over the last four quarters?

Accepted Answer

Net profit by quarter: ₹100 crore in Q3 FY26, ₹123 crore in Q4 FY26, ₹124 crore in Q1 FY27 and ₹60.5 crore in Q2 FY27. That is ₹407 crore over the four quarters, down 17.3% from ₹493 crore in the four quarters before. Revenue from operations: ₹1,074 crore, ₹1,205 crore, ₹1,146 crore and ₹1,146 crore.

Question 11

When did Gallantt Ispat announce its Q2 FY27 results?

Accepted Answer

On Tuesday, 20 October 2026 at 12:16 am IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 3 November 2025.

Question 12

When will Gallantt Ispat announce its Q3 FY27 results?

Accepted Answer

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Question 13

Where do these Gallantt Ispat figures come from?

Accepted Answer

From Gallantt Ispat's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 20 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Expenses
	1,146	1,146	1,205	1,074	1,013	1,128	1,072	1,118	943	1,160	1,177	1,063	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	18.2	18.3	24.5	15.0	13.2	6.8	11.6	0.8	2.1	1.2	3.4	1.2
	1,164	1,164	1,229	1,089	1,026	1,135	1,084	1,119	945	1,161	1,181	1,064
	794	882	868	782	730	800	702	819	727	804	866	828
	98.9	8.8	7.6	9.7	5.1	17.4	28.2	4.1	2.4	23.8	23.1	36.9
	12.2	−58.8	−9.8	6.1	19.6	−45.8	21.0	−29.0	5.3	5.0	−22.2	−19.8
	41.7	38.7	41.7	33.3	33.7	31.2	32.1	30.1	29.8	28.3	29.1	28.0
	9.2	8.5	13.7	13.2	9.1	5.6	5.4	5.3	4.8	6.4	7.6	7.9
	35.5	30.1	33.6	32.4	32.7	31.7	30.8	29.4	29.8	30.0	34.1	29.3
	89.2	89.6	113	88.7	92.6	77.7	105	95.3	80.7	84.3	97.5	82.7
	1,081	999	1,068	966	923	918	925	954	880	982	1,035	993
	110	185	184	154	132	247	183	199	97.6	215	184	107
	74.2	155	151	121	98.9	215	152	170	67.8	185	149	77.3
Profit
	83.2	165	162	123	103	216	159	165	65.1	179	145	70.5
	83.2	165	162	123	103	216	159	165	65.1	179	145	70.5
	19.9	39.1	58.3	26.7	22.1	50.9	33.4	46.4	11.6	50.8	38.2	11.2
	2.8	2.0	−19.5	−4.1	−6.4	−8.3	8.8	5.1	4.6	6.7	11.6	7.3
	22.7	41.1	38.8	22.6	15.8	42.6	42.2	51.5	16.2	57.5	49.9	18.5
	0.0	0.0	0.0	0.0	1.7	0.0	0.0	0.0	0.0	0.0	−0.0	0.0
	60.5	124	123	100	88.9	174	116	114	48.9	122	95.4	52.0
	60.5	124	123	100	87.2	174	116	114	48.9	122	95.4	52.0
	−0.3	0.5	0.7	−0.3	−1.1	1.1	−0.5	−0.3	0.6	0.5	−0.3	0.2
	60.2	124	124	100	87.8	175	116	113	49.5	122	95.1	52.2
	—	—	—	100	88.9	—	116	—	48.9	—	—	52.0
Per share
	₹2.51	₹5.13	₹5.09	₹4.16	₹3.62	₹7.20	₹4.82	₹4.71	₹2.03	₹5.05	₹3.95	₹2.15
	₹0.00	₹5.13	₹5.09	₹4.16	₹3.62	₹7.20	₹4.82	₹4.71	₹2.03	₹5.05	₹3.95	₹2.15
Other comprehensive income — detail
	−0.3	0.5	0.7	−0.3	−1.1	1.1	−0.5	—	—	—	—	—
	−0.3	0.5	0.7	−0.3	−1.1	1.1	−0.5	−0.3	0.6	0.5	−0.3	0.2
	—	—	—	100	—	—	116	—	48.9	—	—	52.0
Per share — as-filed variants
	₹2.51	₹5.13	₹5.09	₹4.16	₹3.62	₹7.20	₹4.82	₹4.71	₹2.03	₹5.05	₹3.95	₹2.15
	₹0.00	₹5.13	₹5.09	₹4.16	₹3.62	₹7.20	₹4.82	₹4.71	₹2.03	₹5.05	₹3.95	₹2.15
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	241	313	339	276	258	356	321	325	208	327	310	217
	21.0%	27.4%	28.1%	25.7%	25.5%	31.5%	29.9%	29.0%	22.1%	28.2%	26.3%	20.4%
Adjusted (ex-exceptional items) — derived
	83.2	165	162	123	103	216	159	165	65.1	179	145	70.5
	60.5	124	123	100	88.9	174	116	114	48.9	122	95.4	52.0
	₹2.51	₹5.13	₹5.09	₹4.16	₹3.62	₹7.20	₹4.82	₹4.71	₹2.03	₹5.05	₹3.95	₹2.15

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	1,062.7	1,177.4	1,159.7	942.6	1,118.3	1,072.1	1,127.8	1,012.8	1,073.6	1,204.8	1,145.7	1,145.9
Other Income	1.2	3.4	1.2	2.1	0.8	11.6	6.8	13.2	15.0	24.5	18.3	18.2
Total Income	1,063.8	1,180.8	1,160.8	944.6	1,119.1	1,083.8	1,134.6	1,026.0	1,088.6	1,229.3	1,164.0	1,164.0
Expenses
+ Cost of Materials Consumed	828.3	866.3	803.8	726.8	818.7	702.3	800.4	730.3	782.2	868.3	882.4	794.2
+ Purchases of Stock-in-Trade	36.9	23.1	23.8	2.4	4.1	28.2	17.4	5.1	9.7	7.6	8.8	98.9
+ Changes in Inventories	-19.8	-22.2	5.0	5.3	-29.0	21.0	-45.8	19.6	6.1	-9.8	-58.8	12.2
+ Employee Benefit Expense	28.0	29.1	28.3	29.8	30.1	32.1	31.2	33.7	33.3	41.7	38.7	41.7
+ Finance Costs	7.9	7.6	6.4	4.8	5.3	5.4	5.6	9.1	13.2	13.7	8.5	9.2
+ Depreciation & Amortisation	29.3	34.1	30.0	29.8	29.4	30.8	31.7	32.7	32.4	33.6	30.1	35.5
+ Other Expenses	82.7	97.5	84.3	80.7	95.3	105.5	77.7	92.6	88.7	112.7	89.6	89.2
Total Expenses	993.3	1,035.5	981.5	879.6	953.9	925.3	918.2	923.0	965.6	1,067.7	999.2	1,080.9
EBITDA	106.5	183.5	214.6	97.6	199.1	183.1	246.8	131.5	153.7	184.4	185.1	109.7
EBIT	77.3	149.5	184.6	67.8	169.7	152.3	215.2	98.9	121.2	150.8	155.0	74.2
Profit
PBT before Exceptional Items	70.5	145.3	179.3	65.1	165.2	158.5	216.4	103.0	123.0	161.6	164.8	83.2
Pretax Income	70.5	145.3	179.3	65.1	165.2	158.5	216.4	103.0	123.0	161.6	164.8	83.2
+ Current Tax	11.2	38.2	50.8	11.6	46.4	33.4	50.9	22.1	26.7	58.3	39.1	19.9
+ Deferred Tax	7.3	11.6	6.7	4.6	5.1	8.8	-8.3	-6.4	-4.1	-19.5	2.0	2.8
Tax Expense	18.5	49.9	57.5	16.2	51.5	42.2	42.6	15.8	22.6	38.8	41.1	22.7
+ Share of Associates & JVs	0.0	-0.0	0.0	0.0	0.0	0.0	0.0	1.7	0.0	0.0	0.0	0.0
Net Income	52.0	95.4	121.9	48.9	113.7	116.3	173.8	88.9	100.4	122.8	123.7	60.5
+ Net Income — Continuing Ops	52.0	95.4	121.9	48.9	113.7	116.3	173.8	87.2	100.4	122.8	123.7	60.5
+ Other Comprehensive Income	0.2	-0.3	0.5	0.6	-0.3	-0.5	1.1	-1.1	-0.3	0.7	0.5	-0.3
Total Comprehensive Income	52.2	95.1	122.3	49.5	113.4	115.8	174.8	87.8	100.1	123.6	124.2	60.2
Net Income to Common	52.0	—	—	48.9	—	116.3	—	88.9	100.4	—	—	—
Per Share
Basic EPS	2.15	3.95	5.05	2.03	4.71	4.82	7.20	3.62	4.16	5.09	5.13	2.51
Diluted EPS	2.15	3.95	5.05	2.03	4.71	4.82	7.20	3.62	4.16	5.09	5.13	0.00
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-0.5	1.1	-1.1	-0.3	0.7	0.5	-0.3
+ Items NOT to be Reclassified to P&L	0.2	-0.3	0.5	0.6	-0.3	-0.5	1.1	-1.1	-0.3	0.7	0.5	-0.3
Comprehensive Income — Owners of Parent	52.0	—	—	48.9	—	116.3	—	—	100.4	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	2.15	3.95	5.05	2.03	4.71	4.82	7.20	3.62	4.16	5.09	5.13	2.51
Diluted EPS — Continuing Operations	2.15	3.95	5.05	2.03	4.71	4.82	7.20	3.62	4.16	5.09	5.13	0.00
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	217.3	310.2	327.2	208.1	324.5	320.7	355.8	257.8	275.6	338.8	313.4	240.6
Gross Margin %	20.44	26.34	28.21	22.08	29.02	29.91	31.55	25.45	25.67	28.12	27.35	21.00
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	70.5	145.3	179.3	65.1	165.2	158.5	216.4	103.0	123.0	161.6	164.8	83.2
Net Income Adj (tax-effected)	52.0	95.4	121.9	48.9	113.7	116.3	173.8	88.9	100.4	122.8	123.7	60.5
EPS Adj	2.15	3.95	5.05	2.03	4.71	4.82	7.20	3.62	4.16	5.09	5.13	2.51
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	241.3	241.3	241.3	241.3	241.3	241.3	2,141.3	241.3	241.3	241.3	241.3	241.3

Gallantt Ispat quarterly results

Every quarter

Gallantt Ispat Ltd.

Gallantt Ispat Q2 FY27 results (July–September 2026)

Q2 FY27 at a glance · consolidated

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