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

SG Mart, a B2B construction materials marketplace, has reported its financial results for the quarter and nine months. For the quarter, revenue increased 23% year-over-year to Rs. 1,644.4 Cr, though net profit declined 62% year-over-year to Rs. 10.7 Cr. Over nine months, revenue reached Rs. 4,492.4 Cr with a net profit of Rs. 69.6 Cr. The company expanded its product offerings to over 60 categories and 6,500 SKUs, including a new foray into solar structures. Management noted Q3 challenges from steel price pressures but expects improvement in Q4, emphasizing inventory management and margin protection. SG Mart currently serves 2,340 customers and maintains Rs. 740 Cr in net cash.