Gallantt Ispat Revises Q1 FY27 Financial Results Press Release

Gallantt Ispat Limited has issued a revised press release for its financial results for the quarter ended June 30, 2026. The company reported Revenue from Operations of ₹1146 Cr, a 2% YoY increase from ₹1128 Cr in Q1 FY26, but a 5% QoQ decrease from ₹1205 Cr in Q4 FY26. EBITDA stood at ₹203 Cr with an 18% margin, down from ₹254 Cr (23% margin) in Q1 FY26. Profit After Tax (PAT) was ₹124 Cr with an 11% margin, a decrease from ₹174 Cr (15% margin) in the prior year quarter. The company cited softer steel realisations, a planned pellet plant shutdown, and increased input costs due to geopolitical tensions as factors affecting performance. Despite these challenges, the company highlighted its integrated model, steady TMT bar volumes, and progress on its ₹3000 Cr expansion project, which remains on track for H2 FY27.