SG Mart Q1 results: PAT up 41%, Rs 85 cr land acquisition approved
SGMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SG Mart (formerly Kintech Renewables) reported Q1 FY27 consolidated revenue of Rs 1,308.57 cr (up 14% YoY) and net profit of Rs 45.58 cr (up 41% YoY). Standalone revenue rose 12% to Rs 1,156.08 cr; PAT up 15% at Rs 33.66 cr. Board also approved acquiring 100% of Tanwar Cargo Solutions (which owns about 10 acres of land in Haryana, no operations) for Rs 85 cr cash, to be completed by Dec 2026. Sanjay Gupta (APL Apollo Tubes promoter) appointed Chairman, his son Rohan Gupta as Whole-time Director.
Strong profit growth on revenue expansion. Rs 85 cr acquisition and new APL Apollo-linked leadership point to expansion plans.