Sanghvi Movers Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
SANGHVIMOV · price
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Sanghvi Movers reported standalone revenue from operations of ₹15,934.54 lakhs for Q1 FY26, up 21.7% from ₹13,093.08 lakhs in Q1 FY25. Standalone profit after tax rose modestly to ₹4,180.63 lakhs (vs ₹3,981.53 lakhs), with EPS at ₹4.83. On a consolidated basis, revenue surged 81.5% to ₹27,335.50 lakhs and PAT grew 24% to ₹5,025.73 lakhs (EPS ₹5.80), driven by strong growth in the Wind EPC and Crane hiring segments through subsidiaries. The statutory auditor (MSKA & Associates) issued an unqualified review report on both standalone and consolidated results. The board also approved the appointment of Mr. Pradeep Mehta as new CFO (replacing the outgoing CFO) and Mr. Vinav Agarwal as Company Secretary, along with a new Managing Director for its Middle East subsidiary.
Strong topline growth, especially at the consolidated level, signals healthy demand in crane rental and Wind EPC businesses. The management reshuffle is a noteworthy governance event for shareholders to monitor, but the unqualified auditor opinion and solid earnings growth are positive signals for the stock.