Gallantt Ispat reported a net profit of ₹60.5 cr in FY27 Q2, down 32% from ₹89 cr a year earlier and 51% from ₹123.67 cr in the previous quarter—
Revenue from operations rose 13.1% YoY to ₹1,146 cr, a modest lift against the ₹1,013 cr earned in FY26 Q2. The operating income (EBITDA) slipped 16.6% YoY to ₹109.6 cr from ₹131.5 cr, tightening the EBITDA margin to 9.57% from 13% a year ago—
BSE‑listed shares of Gallantt Ispat jumped about 18% on October 12 after the earnings release, with intraday highs reaching 14% on October 15. The rally reflected optimism about the company’s expansion plans, though the narrowed margin tempers enthusiasm—
The firm is scaling its steel‑making capacity from 1 Mt to 1.29 Mt, targeting commissioning in the second half of FY27. It also plans to secure raw‑material supply by developing captive iron‑ore mines—
Analysts note that while revenue growth aligns with the sector’s 12% average, the margin squeeze signals cost pressures that could weigh on profitability in the next quarter. The company’s guidance remains silent on EBITDA targets, leaving investors to gauge how the capacity expansion will translate into earnings—
Forward outlook: Gallantt Ispat is expected to report FY27 Q3 results on December 15. Market watchers will monitor how the new capacity impacts output volumes and whether cost controls can restore the margin closer to the 13% level seen in FY26 Q1.