Gallantt Ispat Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Gallantt Ispat Limited reported audited standalone results for FY 2025-26 with revenue from operations of Rs. 4,41,892.19 Lakhs, up 2.94% from Rs. 4,29,272.89 Lakhs in the previous year. Net profit grew significantly to Rs. 48,427.31 Lakhs from Rs. 40,074.24 Lakhs, representing approximately 20.85% PAT growth. EPS improved to Rs. 20.07 from Rs. 16.61. The company received an unmodified (clean) audit opinion from M/s Maroti & Associates. The Board recommended a final dividend of Rs. 2 per share (20%), but promoters voluntarily waived their right to receive it to fund ongoing expansion. Two independent directors resigned and two new ones were appointed, with corresponding committee reconstitutions.
Strong financial performance with ~21% PAT growth and clean audit provides a positive signal for shareholders. The promoter dividend waiver indicates management is prioritizing expansion over distributions, which could support future growth but limits near-term dividend income.