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Gallantt Ispat Ltd. Q1FY24; 24% rise in Profits

Incorporated in 2005,Gallantt Ispat Limited is a leading Iron and Steel manufacturing Company located in Eastern Uttar Pradesh. The Co is engaged in the business of Iron & Steel, Agro, Power and Real Estate.


Financial Results:

  • Gallantt Ispat Ltd. reported Revenues for Q1FY24 of ₹1,036.00 Crores up from ₹1,021.00 Crore year on year, a rise of 1.47%.
  • Total Expenses for Q1FY24 of ₹997.00 Crores up from ₹978.00 Crores year on year, a rise of 1.94%.
  • Consolidated Net Profit of ₹31.00 Crores up 24.0% from ₹25.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.27, up 24.51% from ₹1.02 in the same quarter of the previous year.
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