SG Mart Ltd — Updates, 25-07-2025: Company Update

SG Mart has announced its financial results for the latest quarter, reporting a net revenue of Rs. 1,140 Cr, a 1% year-on-year increase despite subdued industry demand. Net profit for the quarter rose 23% year-on-year to Rs. 32.3 Cr. The company is expanding its B2B construction materials marketplace with new product categories like tiles, cement, and solar mounting structures, serving over 2,300 customers and 240 vendors. Management notes a focus on operational efficiency and strategic partnerships, aiming to capitalize on India's infrastructure growth with network expansion and diversification. The Renewable Structures segment holds an orderbook of Rs. 283 Cr.