Electric Utilities company SG Mart announced Q2FY25 results Net revenue Rs 18.2 billion, reflecting an increase of 259% YoY and increase of 59% QoQ. PAT of Rs 159 million reflecting an increase of 78% YoY and a decrease of 39% QoQ. EBITA registered Rs 934 million during the Q2FY25. Shiv Bansal, Joint MD, SG Mart, said: “Our second quarter results reflect the scalability of our business model. The revenue jumped 59% QoQ, despite the challenging environment. We remain committed to our long-term strategy of operational efficiency and customer satisfaction. The company has implemented several measures to mitigate the impact of fluctuating steel prices, including diversifying its supplier base and enhancing inventory management practices. Additionally, SG Mart is exploring opportunities to expand its product offerings and enter new markets to drive revenue growth.” Result PDF