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SG Mart Q3 Consolidated Net Profit Drops 61% YoY to ₹10.78 Cr; Revenue at ₹1,644 Cr

SG Mart Limited reported a consolidated revenue of ₹1,644.43 crore for Q3 FY26, marking a 23% growth compared to ₹1,334.71 crore in the same quarter last year. However, the company's net profit witnessed a significant decline of 61.5% YoY, falling to ₹10.78 crore from ₹28.04 crore. On a sequential basis, revenue dipped by 3.5% while profits plummeted by 65.7% from ₹31.41 crore in Q2 FY26. The sharp drop in profitability is largely due to a substantial increase in total expenses, which rose to ₹1,651.55 crore during the quarter.