Gallantt Ispat announces ₹3000 cr capex after strong FY26 results
after close1 source ↓written by the desknot a recommendation
- to enhance steelmaking
- ₹3,000 cr capital expenditure
- at its facilities
- 12.3 lakh metric tonnes
Gallantt Ispat Ltd. reported FY26 revenue of ₹4,418.9 cr and PAT of ₹484.3 cr, showcasing robust operational performance. Following this, the company plans a ₹3,000 cr capital expenditure to enhance steelmaking capacity by 12.3 lakh metric tonnes at its facilities in Gorakhpur and Kutch. This expansion aims to secure raw material supply and invest in renewable energy for sustainability.
Not investment advice. For informational purposes only.