Sanghvi Movers Ltd has reported strong financial results for the third quarter of FY25, posting a notable rise in revenue and profit. The company recorded a net profit of ₹33.07 crore, reflecting a 13.8% quarter-on-quarter (QoQ) increase from ₹29.03 crore in Q2 FY25.
Key Financial Highlights (QoQ Comparison):
- Revenue from Operations: ₹207.96 crore vs ₹156.13 crore in Q2 FY25 (↑33%)
- Total Income: ₹214.23 crore vs ₹164.15 crore (↑30.5%)
- Total Expenditure: ₹132 crore vs ₹82.97 crore (↑58.9%)
- EBITDA (PBIDT): ₹82.23 crore vs ₹81.18 crore (↑1.3%)
- Profit Before Tax: ₹44.84 crore vs ₹41.54 crore (↑7.9%)
- Net Profit (PAT): ₹33.07 crore vs ₹29.03 crore (↑13.8%)
- PAT Margin: 15% vs 18% in Q2 FY25
For the nine-month period ending December 31, 2024, Sanghvi Movers reported a total income of ₹548.94 crore, compared to ₹469.82 crore in the corresponding period of the previous year, marking a 16.8% YoY growth.
The company’s total cash accruals stood at ₹64.26 crore in Q3 FY25, reflecting an increase from ₹62.50 crore in Q2 FY25. Despite higher operating expenses, the company managed to sustain healthy profitability, positioning itself well for further growth.
Disclaimer:
The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
