Gallantt Ispat Limited, Board Meeting, Apr 25, 2013. Agenda: To publish audited financial results of the Company within a period of sixty days from the end of the financial year 2012-13.

Gallantt Ispat Limited, Board Meeting, Mar 30, 2013. Agenda: To consider the matter of business arrangement/reconstruction etc.

Gallantt Ispat Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales were INR 1,072.517 million against INR 630.126 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 96.004 million against INR 40.313 million a year ago. Profit from ordinary activities before tax was INR 68.209 million against INR 28.278 million a year ago. Net profit was INR 54.562 million against INR 22.486 million a year ago. Diluted earnings per share before and after extraordinary items were INR 1.86 against profit of INR 0.81 a year ago. For the nine months, the company reported net sales were INR 3,101.793 million against INR 1,863.146 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 38.976 million against INR 36.681 million a year ago. Profit from ordinary activities before tax was INR 102.872 million against profit of INR 50.382 million a year ago. Net profit was INR 82.29 million against profit of INR 40.3 million a year ago. Diluted earnings per share before and after extraordinary items were INR 2.81 against profit of INR 1.49 a year ago.