Shares of Sanghvi Movers declined nearly 3% on Monday, November 10, to Rs 370 on the NSE after the company reported a 22.71% year-on-year (YoY) drop in net profit for the quarter ended September 2025.
The company posted a net profit of Rs 22.70 crore in Q2 FY26, compared to Rs 29.37 crore in the same period last year. Despite the dip in profitability, sales rose 6.09% YoY to Rs 136.49 crore from Rs 128.65 crore in Q2 FY25, indicating steady operational growth.
On the operational front, EBITDA increased by 10% YoY, while the EBITDA margin slipped to 38.4% from 47% a year ago, reflecting cost pressures and a moderation in operating efficiency.
| Particulars | Q2 FY26 | Q2 FY25 | % Change |
|---|---|---|---|
| Sales | Rs 136.49 crore | Rs 128.65 crore | 6.09% |
| EBITDA Margin | 38.4% | 47.0% | – |
| PBDT | Rs 61.65 crore | Rs 70.81 crore | -13% |
| PBT | Rs 30.52 crore | Rs 37.34 crore | -18% |
| Net Profit | Rs 22.70 crore | Rs 29.37 crore | -23% |
Despite maintaining growth in sales and EBITDA, the company witnessed pressure on profitability during the quarter.
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