Outcome of Board Meeting

GIL/GKP/2026-27 October 19, 2026 BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, “EXCHANGE PLAZA”, Dalal Street, Bandra — Kurla Complex, Mumbai- 400 001 INDIA Bandra (East), Mumbai- 400 051 INDIA Scrip Code: 532726 Symbol: GALLANTT Sir/Madam, SUB: OUTCOME OF THE BOARD MEETING HELD ON NOVEMBER 03, 2025 - MEETING OF THE BOARD COMMENCED AT 04.30 P.M. AND CONCLUDED AT 11:00 P.M. The Board of Directors at their meeting held on Monday, 19‘ October, 2026 has, inter alia, decided and approved following important businesses: 1. APPROVAL OF UNAUDITED FINANCIAL RESULTS OF THE COMPANY FOR THE QUARTER AND HALF YEAR ENDED 30'4 SEPTEMBER, 2026 ALONG WITH LIMITED REVIEW REPORT OF STATUTORY AUDITOR Pursuant to the provisions of Regulation 30 & 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company has considered and approved Unaudited Financial Results of the Company for the Quarter and Half Year ended 30 September, 2026. We are enclosing herewith a copy of the Unaudited Financial Results along with the Limited Review Report of Statutory Auditors, M/s Singhi & Co., Chartered Accountants for the Quarter and Half Year ended 30th September, 2026. In terms of Regulation 47 of the Listing Regulations, the extract of financial results, in the prescribed format, shall be published in all editions of Business Standard (English) and any Hindi Newspaper. The full format of the standalone and consolidated financial results for the Quarter and Half Year ended 30‘ September, 2026 shall be available on the websites of the Stock Exchanges where equity shares of the Company are listed i.e. www.bseindia.com and www.nseindia.com. The above Unaudited Financial Results are available on the website of the Company www.gallantt.com. This is for your information and record. Thanking you, Yours Faithfully, FOR GALLANTT ISPAT LIMITED 6559c5b1- Digitally signed by 6559c5b1- flbc6-41f2-ad 1f-297f63c3aae9 fbc6-41f2- Date: 2026.10.19 23:11:37 ad1f-297f63c3aae9 +0530" Nitesh Kumar (CS & Compliance Officer) M. No. F7496 Encl: As above GALLANTT ISPAT LIMITED CIN: L27109UP2005PLC195660 Registered Office & Gorakhpur Unit: Gorakhpur Industrial Development Authority (GIDA), Sahjanwa, Gorakhpur — 273209, Uttar Pradesh Tele-fax: 0551 3515500, E-mail: csgml@gallantt.com, Website: www.gallantt.com Gujarat Unit: Survey No. 175/1, Near Toll Gate, Sa makhyali, Bhachau, Distt. Kutch — 370150, Gujarat STATEMENT OF CONSOLIDATED UNAUDITED FIN EY '" NT i RTER AND . S IX MONT;H ENDED SSEE PPTTEEMMBBEER R 30, 30, 2026 Ha nme in = (All amounts In Rs, Lakhs except EPS) : Quarter ended OT For the half year ende d | Year ended SI No. Particulars | 30 Sep 2026 | 30 Sep 2025 | 30 June 2026 30 Sep 2026 | 3 0 Sep 2025 13 1 March 2026 | ee : Unandited Unanidited | Unaudited | Unaudit ed | U naudited Audited 1 Income from operations (a) Revenue fiom operations 1,14,589,15 | 1,01,278.02| 1,14,566,71 | 2,29,155.86 | 2,14,052.866 4AT,892.19 -2 4| &). Other income 1,815.24 1,321.65 1,830.99] 3,646.23) 2,004.11 5.959.4| 3 | Total income (1 + 2) 1,16,404,39 | £,02,596.67 | 1,16,397.70 | 232,802.09 | 2,16,056.97 | 4,47,851.60 4 | Expenses (a), Cost of raw materials consumed 79,420.94 | 73,028.00 | 88,235.95 | 1,67,656.89 | 1,53,072.02 | 3,18, 120.07 (b). Purchase of stock in trade 9,886.58 510.26 878.47 | 10,765.05} 2,250.83 3,977.82 (c) es in inventories of finished goods, work in progress and 1219.11 1,960.70 (5,884,52)| (4,665.41) (2,621.87) (2,998.05) s y- n> ¥ . " | (d). Emplovee benefits expense 4,171.29 3,365.45 3,870.70 8,041.99 6,484.24 13,981.89 (e). Finance costs 916.66 908.42 847.35 1,764.01 1,472.96 4,168.59 (f. Depreciation and amortization expense 3,550.62 3,266.63 3,011.47| 6,562.09] 6,432.02 13,031.72 | (@). Other expenses , 8,921.82 9,256.45 8,956.84 | 17,878.66 | 17,028.73 37,166.08 Total expenses [4(a) to 4(g)] 1,08,087.02 | 92,295.92 | 99,916.25 | 2,08,003.28 | 1,84,118.93 | 3,87,448.12 $. |Profit before exceptional items and ta(3 x- 4 ) 8, 317.37 | 10,300.75] 16,481.45] 24,798.81 | 31,938.04 60 ,403.48 6. | Exceptional items - i i s ms . 7. |Profit before tax (5 + 6) 8,3 17.37 | 10,300.75] 16,481.45 | 24,798.81 | 31,938.04 60,403.48 8. | Tax expense (a) Current tax 1,988.34 2,214.68 3,912.69 | 5,901.03] — 7,305.60 15,807.20 (b) Defiered tax 277.96 (637.18) 202.03 48 0.00 (1, 470.24) (3,830.43) Total tax expense 2,266.30 1,577.50 4,114.72 | 6,38 1.03 | 5,83 5.36 11,976.77 9, | Profit for the period / year (7-8) 6,0 51.07 8,723.25) 12,366.74] 18,417.78 | 26,10 2.68 48,426.70 Share of Profit fromA ssociate oe . 169.37 = -- 169.37 a Se Profit for the period / year 6, 051.07 | 8,892.62] 12,366.74] 18,41 7.78 | 26,272.05 48,426.70 10. |Otber comprehensive income/(loss) (net of tax) A. Items that will not be reclassified to profit or loss (33.66) (114.51) 52.18 18.52 (9.46) 28.74 B. Items that will be reclassified to profit or loss - - = és - . ‘Total other commpp:r ehensive income/loss (net of tax ) (A + B) (33.66) (114.51) 52.18 18,52 (9.46) 28.74 11. |Total compPr ehensive income for the period/ year (9 + 10) 6,017.41 |. 8,778.11 12,418.92 | 18,436.30 | 26,26 2.59 48,455.44 12. |Paid-up equity share capital ( Face value Rs. 24, 128.09 | 24,128.09] 24,128.09 24,128.09 | 24,12 8.09 24,128.09 14, Earning per share (EPS) (not annualisod>{<S . Basic and diluted EPS - in Rupees 2.51 3.62 5.13 763 10.82 de07 Dale: YVloj26 Place! Getakhrpu GALLANTT ISPAT LIMITED u GIDA, SAR HE JG AI NS WT AE ,R E GD O RO AF KFI HC PE U R& - GO 27R 3A 20K 9H ,P U UR T TAU RN IT P RADG EA S H GUJARAT UNT Iel Te fa : x N: EA+ R91 5 T5 O1 L3 L5 15 G5 A0 T0 E, , SE- Am Mai Al : qil allantt.com, Web Bs Ii Ste T: ww Mw a. e gallantt.com Telefax: + C9 I1 N2 :8 3 L7 22 783 16 09 90 U, 20E 0-m 5a Pil L: ogm gi allantt.com GALLANTT ISPAT LIMITED Consolidated Balance Sheet as at September 2 (Ra. in Lakhs) As at September 30, 2026 As at March 31, 2026 (i) ASSETS (1) Non-current assets (a) Property, plant and equipment 1,73,112.69 1,77,330.78 (b) Capital work in progress 59,836.94 34,905.32 (ec) Other Intangible Assets 6,870.00 8,239.83 2,39,819.63 2,20,475.93 (d) Financial assets (i) Investments 246.13 258.39 (ii) Other financial assets 432.93 383.96 (e) Other non-current assets 6,995.91 5,100.35 2,47,494.60 2,26,218.63 (2) Current Assets (a) Inventories 66,863.55 55,074.62 (b) Financial assets . (i) Investments 2, 334, 15 2,272.23 (ii) Trade receivables 18,527.47 17,757.98 (iii) Cash and cash equivalent , 111. 58 10,165.48 (iv) Bank balances other than ii) above | i - a 40,165.53 40,149.24 ©) Doms 26 S7BAB. 29,649.96 (vi) Other financial assets 32,609.37 30,694.99 © CurentTaxassets(net) = s—<CSst~S _ 2,676.05 647.41 (d) O ther current assets 11,936.42 14,331.22 2,01,802.58 2,00,743.13 TOTAL ASSETS 4,49,297.18 4,26,961.76 @ EQUITYANDLIABILITIES: - ee E QUITY — (a ) Equity share capital - 24,128.09 24,128.09 (b) Other equity - 3,2 4,526.04 3,07,495.39 e e 3,31,623.48 LI ABILITIES : _ ee 1 Non -current liabilities ee ( a) Financial liabilities oe _ ~ @ Bor rowings _ a 8,628.73 10,308.07 (b) Prov isions 965. 14 787.37 (c) Defetarx lriabeilidtie s (Net) _ 16,149. 24 15,663.01 (d) Other Non Current Liabilities - —-- — 513.65 - 563.11 --° a a (26256.76 «27,321.56 2 Current liabilities i ee _ (a) Financ ial liabilities a (Borro wings ee oo _ 50,568.66 44,460.63 Gi) Trade payabl es _. — Total outstanding dues of micro enterprises and small enterprises 757.56 - Total outstanding dues of creditors other tha n mi e a i “11 671 1 09 17,150.33 and small enterprises ff oy ta = © 3, Gi) Other financial liabilities ee ‘ 3,023.023 . 19° 1,719.52 (b) Other current liabilities = | __-3,044,99 4,686.24 ©) Provisio ns Ks fel 280 .20 ‘ _ ex Nee # 7 7438629 (| sapien TOTAL EQUITY AND LIABILITIES Weg nwo 449,297.18 GA - Deda: 19 jtoj 26 REGISTERED OFFICE & GORAKHPUR UNIT GIDA, SAHJANWA, GORAKHPUR- 273209, UTTAR PRADESH flace: Gora atbpys” Telefax: [Showing first 8,000 characters — download PDF for full document]