SG Mart Ltd — Important, 30-10-2025: Company Update

SG Mart Limited has announced its financial results for the quarter and half-year. For the quarter, net revenue reached 1,700 crore, a 5% year-on-year decrease but a 49% quarter-on-quarter increase, with a net profit of 26.5 crore. The company reported robust growth in its core steel-trading and downstream products, along with its new renewables segment. However, margins faced pressure from softer steel realisations and initial costs in the renewable business. The company expanded its offerings to 49+ product categories, including new building materials, serving over 2,328 customers and 402 vendors.