Inactive Instrument

Gallantt Ispat Limited

Equities

533265

INE528K01029

Gallantt Ispat Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019

January 18, 2020 at 11:00 am EST

Gallantt Ispat Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was INR 2,448.223 million compared to INR 3,430.148 million a year ago. Net income was INR 28.114 million compared to INR 367.839 million a year ago. Basic earnings per share was INR 0.1 compared to INR 1.3 a year ago. For the nine months, sales was INR 7,824.612 million compared to INR 9,167.124 million a year ago. Net income was INR 280.517 million compared to INR 1,326.422 million a year ago. Basic earnings per share was INR 0.99 compared to INR 4.7 a year ago.

Latest news about Gallantt Ispat Limited

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Gallantt Ispat Limited Announces Resignation of Dindayal Jalan as Independent Director	21-04-13	CI
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Gallantt Ispat Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019	20-01-18	CI
Gallantt Ispat Limited Announces Change of Address of Corporate Office	20-01-17	CI
Gallantt Ispat Limited Reports Earnings Results for the First Quarter Ended June 30, 2019	19-08-13	CI
Gallantt Ispat Limited's Board Approves Board Changes	19-06-23	CI
Gallantt Metal Limited Obtains Approval from the Office of Regional Director (Eastern Region), Ministry of Corporate Affairs for Shifting of the Registered Office from the State of West Bengal to National Capital Territory of Delhi	19-05-04	CI
Gallantt Ispat Limited Announces the Appointment of Ashtbhuja Prasad Srivastava as an Additional Independent Director	19-04-30	CI
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Gallantt Ispat Limited Announces to Further Expand Capacity of Various Plants	19-02-05	CI
Gallantt Ispat Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018	19-01-21	CI
Gallantt Ispat Limited Appoints Sanchit Dubey as Additional Director, Member of Audit Committee, Chairman of Stakeholder Relationship Committee and as A Member of Stakeholder Relationship Committee	19-01-21	CI
Gallantt Ispat Limited Declares Interim Dividend for the Financial Year 2018-2019	18-11-14	CI

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Company Profile

Gallantt Ispat Limited is an India-based company that is engaged in the business of iron and steel, agro, power and real estate. The Company's segments include Steel, Power, Agro and Real Estate. Its Steel segment includes sponge iron, billets, mild steel (MS) round bar and re-rolled products (TMT Bars). Its Agro segment includes the manufacturing and sale of agro products, such as atta, suji, maida and choker. Its agro products are sold under the brand name Gallantt in the states of Uttar Pradesh, Bihar, West Bengal, Assam, Madhya Pradesh, Andhra Pradesh and Karnataka. The Company is engaged in the field of real estate with its primary project, Shalimar Gallantt, Mahanagar, Lucknow. The Company's captive power unit has an existing capacity of 18 megawatts per annum. It has a steel manufacturing unit at GIDA, Sahajanwa, Gorakhpur district, Uttar Pradesh. The Company's wholly owned subsidiaries include Gallantt Industry Private Limited and Gallantt Udhyog Private Limited.

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