X

Sanghvi Movers Ltd Q1FY24; 200% rise in Profits

Sanghvi Movers provides medium to heavy duty cranes on rental basis to various private and public sector undertakings. SML’s crane fleet consists of medium to large size hydraulic truck mounted telescopic and lattice boom cranes and crawler lattice boom cranes having a lifting capacity ranging from 20 MT to 1000 MT.

Financial Results:

Sanghvi Movers Ltd reported Revenues for Q1FY24 of ₹146.00 Crores up from ₹97.00 Crore year on year, a rise of 50.52%.

Total Expenses for Q1FY24 of ₹96.00 Crores up from ₹81.00 Crores year on year, a rise of 18.52%.

Consolidated Net Profit of ₹42.00 Crores up 200.0% from ₹14.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.64, up 187.76% from ₹3.35 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post