SG Mart reports strong H1FY26 performance, revenue up to ₹28.5 bn

SG Mart Limited reported a net profit of ₹588 mn for H1FY26, a 39% year-over-year increase, with revenue at ₹28.5 bn. This performance was driven by a strategic shift into a B2B marketplace for construction materials, including steel and renewable structures, which commenced in April 2025. The company’s business EBITDA for H1FY26 grew by 61% YoY to ₹639 mn, with a margin of 2.2%.

The company's initiatives include expanding its network of service centers, which now total seven operational locations, and a target to add 5-7 more annually. SG Mart also noted a significant increase in its customer base, reaching 2,328 registered customers and 402 registered vendors by Q2FY26, fostering a robust distribution network across India.

Unaudited financial results for the quarter and half year ended September 30, 2025, were approved on October 30, 2025. This reporting also highlighted a strong cash profit of ₹629 mn for H1FY26 and an ending net cash balance of ₹8.5 bn as of September 30, 2025.