Sanghvi Movers Ltd reports profit in Q2FY22

The Board of Directors of Sanghvi Movers Limited, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 76.9938 crore, against ₹62.5743 crore in the corresponding quarter of the previous year (YoY) and ₹76.6369 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹4.5276 crore, against ₹-4.3118 crore in the corresponding quarter of the previous year (YoY) and ₹-2.5122 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.05, against ₹-1 in the corresponding quarter of the previous year (YoY) and ₹-0.58 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 76.9938 crs	₹76.6369 crs	0.47%	₹62.5743 crs	23.04%
Net Profit	₹4.5276 crs	₹-2.5122 crs	280.22%	₹-4.3118 crs	205.00 %
EPS	₹1.05	₹-0.58	281.03%	₹-1	205.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹153.6306 crore, against ₹103.3934 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.0155 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-17.1819 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.47 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-3.97 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹153.6306 crs	₹103.3934 crs	48.59%
Net Profit	₹2.0155 crs	₹-17.1819 crs	111.73%
EPS	₹0.47	₹-3.97	111.84%

Shares of Sanghvi Movers Limited was last trading in BSE at Rs. 228.00 as compared to the previous close of Rs. 224.00. The total number of shares traded during the day was 34008 in over 1220 trades.

The stock hit an intraday high of Rs. 233.50 and intraday low of 218.25. The net turnover during the day was Rs. 7747437.00.

Source : Equity Bulls

Keywords

SanghviMovers Q2FY22 H1FY22 ResultUpdate