Shares of Gallantt Ispat Limited jumped over 5% to ₹715.35 in early trade on Tuesday following the company’s strong Q1 performance.
In Q1FY26, net profit surged 43% YoY to ₹174 crore, compared to ₹122 crore in the same period last year. While revenue declined marginally to ₹1,127 crore from ₹1,159 crore YoY, operating performance showed solid improvement.
EBITDA rose 15.4% YoY, with the EBITDA margin expanding to 21.9% from 18.4% a year earlier, signaling better cost control and profitability.
At 9:21 AM, the stock was trading at ₹715.35, up ₹34.35 or +5.04%, as per NSE data.
Disclaimer: This article is for informational purposes only and is based on publicly available financial data. It does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.