Surat Trade and Mercantile

Formerly Surat Textile Mills, the company is now primarily engaged in the business of trading commodities and other commodity-related activities. The company is committed to developing sustainable value for all its stakeholders, including customers, employees, shareholders, suppliers, and regulatory authorities. It believes that good corporate governance emerges from applying the best management practices and adhering to the highest standards of transparency. Its main trading operations involve buying and selling goods like metals, energy, and agricultural products, utilizing futures contracts on various exchanges. To manage market fluctuations, the company mitigates price risk by hedging its entire exposure in the commodity markets. This strategy contributed to achieving an income from operations of ₹60.56 Crore in fiscal year 2024 from its commodity trading business.;