Gallantt Ispat Q2 Earnings: Profits Up 78%! Capex of ₹2,250 Cr to Drive Next Phase of Growth |ET Now #ETNOW
Gallantt Ispat Q2 Earnings: Profits Up 78%! Capex of ₹2,250 Cr to Drive Next Phase of Growth |ET Now
Gallantt Ispat Q2 Earnings: Profits Up 78%! Capex of ₹2,250 Cr to Drive Next Phase of Growth |ET Now
Gallantt Ispat CEO Mayank Agarwal joins ET Now to decode the company’s stellar Q2 performance — profits up 78% YoY and EBITDA margins improving 45%. He attributes the gains to higher production in sponge iron and pellets, lower raw material costs, and operational efficiency. Agarwal also details a ₹2,250 crore Capex plan across steelmaking, solar power, and mining — with new mines in UP and Rajasthan set to strengthen long-term profitability.
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