SG Mart Ltd — Important, 23-01-2026: Company Update

SG Mart announced its financial results for the quarter and nine months. Quarterly revenue reached Rs. 1,644.4 crore, up 23% YoY but down 4% QoQ, with net profit at Rs. 10.7 crore, reflecting a 62% YoY and 60% QoQ decrease. For the nine-month period, revenue was Rs. 4,492.4 crore, up 5% YoY, and net profit stood at Rs. 69.6 crore, down 1% YoY. This B2B construction materials marketplace expanded into solar structures, now serving 2,340 customers and holding Rs. 740 crore net cash. Management cited Q3 steel price pressures but anticipates a Q4 recovery, prioritizing inventory and margin protection.