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Gallantt Ispat Ltd. Q2FY24; 68% 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 Q2FY24 of ₹950.00 Crores up from ₹931.00 Crore year on year, a rise of 2.04%.

Total Expenses for Q2FY24 of ₹898.00 Crores up from ₹885.00 Crores year on year, a rise of 1.47%.

Consolidated Net Profit of ₹47.00 Crores up 67.86% from ₹28.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.96, up 71.93% from ₹1.14 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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