Gallantt Ispat Q1 FY27 Revenue ₹1146 Cr, PAT ₹124 Cr

Gallantt Ispat Limited announced its unaudited financial results for the quarter ended June 30, 2026. Revenue from operations stood at ₹1146 Cr, a 2% increase year-on-year from ₹1128 Cr in Q1 FY26, but a 4.8% decrease quarter-on-quarter from ₹1205 Cr in Q4 FY26. EBITDA for the quarter was ₹203 Cr, with an EBITDA margin of 18%, down from 23% in Q1 FY26. Profit After Tax (PAT) was ₹124 Cr, a 29% decrease from ₹178 Cr in Q1 FY26, resulting in a PAT margin of 11%. The company cited softer steel realisations and a planned shutdown of its pellet plant for maintenance as reasons for the performance, partly offset by cost advantages and backward integration benefits. Production volumes were impacted by the pellet plant shutdown, though TMT bar volumes remained steady. The company's ₹3000 Cr expansion project remains on track for H2 FY27.