Sanghvi Movers Limited has informed the Exchange regarding Change in Auditors of the company.
SANGHVIMOV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanghvi Movers Limited reported strong financial performance for FY26 ending March 31, 2026. Standalone revenue grew 24.5% to Rs. 67,351 lakhs from Rs. 54,095 lakhs, while consolidated revenue rose 36.9% to Rs. 1,07,045 lakhs from Rs. 78,212 lakhs. Standalone profit after tax increased to Rs. 15,864 lakhs from Rs. 13,182 lakhs, and consolidated profit reached Rs. 18,429 lakhs. The Board recommended a final dividend of Rs. 2 per equity share (200% on face value of Rs. 1). Additionally, MSKA & Associates LLP has been re-appointed as Statutory Auditors for a second term of 5 years, subject to shareholder approval. The auditors issued unqualified opinions on both standalone and consolidated financial results.
Strong financial results with double-digit revenue and profit growth indicate healthy business performance. The dividend recommendation provides shareholder returns, while the auditor re-appointment signals continuity in governance. The headline mismatch (Change in Auditors) with actual content (Re-appointment) may cause brief confusion but does not indicate any governance concerns.