Stock Report

Gallantt Ispat Ltd Q3FY22 consolidated profit at Rs. 27.56 crores

Posted On : 2022-02-17 15:24:43( TIMEZONE : IST )

Gallantt Ispat Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 374.9426 crores during the period ended December 31, 2021 as compared to Rs. 303.7280 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 27.5611 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 10.6232 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.98 for the period ended December 31, 2021 as compared to Rs. 0.38 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 374.9426 crs	₹303.7280 crs	23.45%
Net Profit	₹27.5611 crs	₹10.6232 crs	159.44%
EPS	₹0.98	₹0.38	157.89%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 374.9426 crores during the period ended December 31, 2021 as compared to Rs.290.1015 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.27.5611 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.45.8495 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.98 for the period ended December 31, 2021 as compared to Rs.1.62 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 374.9426 crs	₹290.1015 crs	29.25%
Net Profit	₹27.5611 crs	₹45.8495 crs	-39.89%
EPS	₹0.98	₹1.62	-39.51%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1007.0468 crores during the 9 Months period ended December 31, 2021 as compared to Rs.693.5887 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.74.0813 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.74.7994 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.2.62 for the 9 Months period ended December 31, 2021 as compared to Rs.2.65 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1007.0468 crs	₹693.5887 crs	45.19%
Net Profit	₹74.0813 crs	₹74.7994 crs	-0.96%
EPS	₹2.62	₹2.65	-1.13%

Shares of Gallantt Ispat Limited was last trading in BSE at Rs. 50.60 as compared to the previous close of Rs. 49.55. The total number of shares traded during the day was 4924 in over 175 trades.

The stock hit an intraday high of Rs. 51.15 and intraday low of 50.00. The net turnover during the day was Rs. 248829.00.