SG Mart Ltd — Updates, 16-05-2025: Company Update

SG Mart Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, with the auditors issuing an unmodified opinion. The company approved a ₹600 Cr capital expenditure plan over two years to increase capacity from 0.6 Mn Ton to 2.5 Mn Ton, focusing on coil cutting machines and solar mounting structures to meet rising demand. Mr. Archit Arora joined as Vice President – Sales & Marketing and Senior Management Personnel, bringing over 9 years of steel industry experience with leadership roles at Tata Steel. The consolidated revenue stood at ₹1,614.83 Cr with a net profit of ₹33.14 Cr for the quarter, reflecting strong operational performance and growth strategy execution.