Gallantt Ispat Q4 FY26 profit up 6% to ₹123 cr

Q4 result snapshot and why it matters

Gallantt Ispat reported higher consolidated earnings for Q4 FY26, with profit growth broadly tracking a rise in operating revenue. The company said consolidated net profit increased 5.61% year-on-year to ₹122.83 crore, compared with ₹116.30 crore in Q4 FY25. Revenue from operations rose 12.37% year-on-year to ₹1,204.81 crore for the quarter. The numbers indicate that topline growth remained strong, but costs rose faster than revenue. That cost pressure showed up in the company’s expense line, which increased at a higher rate than sales. Profit before tax (PBT) grew at a slower pace than revenue, pointing to margin compression during the quarter. The results were released on May 6, 2026 (9:51 AM IST), as per the publication timestamp.

Consolidated profit, revenue, and tax metrics

The company’s consolidated PBT rose 1.95% year-on-year to ₹161.61 crore in Q4 FY26. Net profit for the same period stood at ₹122.83 crore, up 5.61% from the year-ago quarter. Revenue from operations came in at ₹1,204.81 crore, up 12.37% year-on-year. The combination of faster revenue growth and slower PBT growth suggests the quarter saw higher input and operating costs. While the net profit rose, it did so at a lower pace than revenue growth, which is consistent with an expense-heavy quarter. The article also referenced trailing-twelve-month (TTM) earnings indicators, including a TTM EPS of 19.87, stated as up 26.22% year-on-year. Separately, the “Earnings per share (EPS)” figure shown in a fundamentals snapshot was 19.80.

Expenses rise faster than sales

Gallantt Ispat’s total expenses increased 15.39% year-on-year to ₹1,067.72 crore in Q4 FY26. The cost of materials consumed stood at ₹868.26 crore, up 23.63% year-on-year, making it the largest contributor to the increase in overall costs. Other expenses rose 6.87% year-on-year to ₹112.71 crore. With expenses rising faster than revenue, the quarter’s profitability was shaped by the company’s ability to manage raw material costs. The article did not provide quarter-level EBITDA for Q4 FY26, but it did provide a cost split that highlights where pressure came from. Investors tracking the steel cycle often focus on raw material trends because they can change margins quickly. In this quarter, the raw material line item moved up sharply in percentage terms.

Dividend recommendation: ₹2 per share

The board of directors recommended a final dividend of 20% for the financial year ended March 31, 2025. This translates to ₹2 per equity share of face value ₹10 each. The article did not specify the record date, payment date, or shareholder approval status, but such recommendations typically proceed through shareholder approval processes as applicable. The dividend detail is notable because it provides an additional data point for shareholders alongside earnings performance. The information provided was limited to the recommendation and the per-share amount. Investors usually track dividend decisions alongside cash flows and leverage, especially for cyclical businesses. The article also showed a “Dividend Yield 0.23%” figure in a separate company snapshot.

Stock reaction and price points cited

Shares of Gallantt Ispat fell 3.10% to ₹850 on the BSE following the update, according to the article. The text also included other market data points from different timestamps and contexts, including that the stock closed at 549.95 on February 16, 2026 (NSE). Another quoted price line showed 536.00 with a change of -33.15 (-5.82%). These figures reflect different moments and should not be read as a single continuous move. Still, they indicate the stock has experienced meaningful price variability across the period referenced. The same section that reported the February close also stated returns of -14.31% over the last 6 months and 74.50% over the last 12 months.

Recent quarterly performance: Dec 2025 results

Apart from Q4 FY26, the article also cited consolidated quarterly numbers for the December 2025 quarter. Net sales for December 2025 were ₹1,073.58 crore, down 4% from ₹1,118.32 crore in December 2024. Quarterly net profit for December 2025 was ₹100.41 crore, down 11.67% from ₹113.67 crore in December 2024. EBITDA stood at ₹168.69 crore in December 2025, down 15.6% from ₹199.86 crore in December 2024. EPS was reported at ₹4.16 in December 2025 versus ₹4.71 in December 2024. This context indicates that the March quarter’s year-on-year growth came after a softer December quarter on a year-on-year basis.

Business profile and segments

Gallantt Ispat was described as a leading iron and steel manufacturing company located in Eastern Uttar Pradesh. The company is engaged in the business of Iron and Steel, Agro, Power, and Real Estate. The article also referenced that the company was incorporated in 2005. This multi-segment structure can mean consolidated results capture movements beyond steel, though the Q4 commentary in the provided text focused mainly on consolidated financials and cost lines. The broader segment mix can matter when investors compare quarterly variability in steel-linked earnings to other income streams. However, no segment-wise revenue or profit breakdown was provided in the text.

TTM fundamentals cited in the article

The article included a snapshot of fundamental statistics on a TTM basis. Market cap was shown as ₹210.52 billion, which is ₹21,052 crore when expressed in ₹ crore. TTM earnings were shown as ₹4.78 billion, or ₹478 crore, while TTM revenue was shown as ₹42.86 billion, or ₹4,286 crore. The same snapshot listed cost of revenue at ₹31.05 billion (₹3,105 crore), gross profit at ₹11.81 billion (₹1,181 crore), and other expenses at ₹7.04 billion (₹704 crore). It also cited gross margin at 27.56%, net profit margin at 11.15%, and debt/equity ratio at 21.2%. These are presented as trailing metrics in the source text and provide context alongside quarterly results.

Key numbers table

What investors may track next

The quarter’s headline message is that revenue rose strongly, but expenses rose faster, leaving profit growth more modest. For a steel-linked business, the raw material line is often a major driver of margin direction, and the article’s data shows cost of materials consumed rising 23.63% year-on-year in Q4 FY26. The text also pointed to leverage-related context elsewhere, stating net debt was ₹404 crore as of Sep-25, compared with -₹138.33 crore as of Mar-25. Those figures, presented in the article, highlight a change in net debt position over time. Separately, the company’s calendar of updates in the article included a disclosure that the board meeting was scheduled on January 21, 2026 to consider unaudited financial results for the quarter and nine months ended December 31, 2025. Future updates will likely continue to be watched for cost trends, profitability, and balance sheet movements.

Conclusion

Gallantt Ispat’s Q4 FY26 results showed a year-on-year rise in consolidated net profit to ₹122.83 crore on revenue of ₹1,204.81 crore, alongside a sharper increase in expenses. The board also recommended a final dividend of ₹2 per share for FY ended March 31, 2025. Market reaction in the cited session was negative, with the stock down 3.10% to ₹850 on the BSE. The next set of disclosures and periodic filings will be important for tracking whether cost pressures ease and how quarterly profitability evolves.