Gallantt Ispat Limited : Q2 & H1 FY27 Financial Performance

Critical Takeaways for Investors : 1. Top-Line Expansion ContinuesRevenue Growth: Operations scaled up positively, with quarterly revenue from operations increasing by 13.15% YoY to Rs. 1,14,589.15 Lakhs compared to Rs. 1,01,275.02 Lakhs in Q2 FY25. Half-Year Trajectory: Total revenue for the half-year ended September 30, 2026, stood at Rs. 2,32,802.09 Lakhs, showing steady business volume across core manufacturing segments. 2. Margin Pressures and Cost DynamicsProfitability Moderation: Despite higher sales, net profit for Q2 FY27 moderated to Rs. 6,051.07 Lakhs (compared to Rs. 8,892.62 Lakhs in Q2 FY25). Cost Drivers: The contraction in net margins was largely driven by higher raw material consumption (Rs. 79,420.94 Lakhs for the quarter) and a notable increase in the purchase of stock-in-trade (Rs. 9,886.58 Lakhs). 3. Balance Sheet & Capital Expenditure (CapEx)Asset Growth: Total consolidated assets expanded to Rs. 4,49,297.18 Lakhs as of September 30, 2026, up from Rs. 4,26,961.76 Lakhs as of March 31, 2026. Robust CapEx Allocation: Capital Work-In-Progress (CWIP) surged significantly to Rs. 59,836.94 Lakhs (compared to Rs. 34,905.32 Lakhs in March 2026), signalling aggressive ongoing investments toward future capacity expansion. 4. Corporate Actions & DividendsDividend Compliance: The final dividend of Rs. 2/- per equity share (face value Rs. 10/- each) recommended for FY 2025–26 was successfully approved by shareholders at the Annual General Meeting held on September 30, 2026.