Submission of Financial Results fir the period ended 31st march, 2026.
GALLANTT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gallantt Ispat Limited reported strong financial performance 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 after tax grew significantly by 20.84% to Rs. 48,427.31 Lakhs compared to Rs. 40,074.24 Lakhs. EPS improved from Rs. 16.61 to Rs. 20.07 per share. The Board recommended a final dividend of Rs. 2 per share (20%), though promoters voluntarily waived their right to receive it to fund ongoing expansion. Statutory auditors M/s Maroti & Associates issued an unmodified (clean) audit opinion. The company saw significant board changes with two independent directors resigning and two new independent directors appointed. The audit report includes an emphasis of matter regarding an Income Tax Department search conducted in April 2023, though no dispute or demand arose.
Positive for shareholders: strong PAT growth of ~21% and clean audit with unmodified opinion indicate healthy financials. The voluntary dividend waiver by promoters signals capital reinvestment into expansion plans, which could drive future growth.