Sanghvi Movers Ltd posts surge in Q2FY23 consolidated PAT to Rs. 28.89 crores

Sanghvi Movers Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 124.15 crores during the period ended September 30, 2022 as compared to Rs. 100.9160 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 28.8930 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 14.4883 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 6.67 for the period ended September 30, 2022 as compared to Rs. 3.35 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 124.15 crs	₹100.9160 crs	23.02%
Net Profit	₹28.8930 crs	₹14.4883 crs	99.42%
EPS	₹6.67	₹3.35	99.10%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 124.15 crores during the period ended September 30, 2022 as compared to Rs.76.9938 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.28.8930 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.4.5276 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.6.67 for the period ended September 30, 2022 as compared to Rs.1.05 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 124.15 crs	₹76.9938 crs	61.25%
Net Profit	₹28.8930 crs	₹4.5276 crs	538.15%
EPS	₹6.67	₹1.05	535.24%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.225.0660 crores during the 6 Months period ended September 30, 2022 as compared to Rs.153.6306 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.43.3813 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.2.0155 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.10.02 for the 6 Months period ended September 30, 2022 as compared to Rs.0.47 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹225.0660 crs	₹153.6306 crs	46.50%
Net Profit	₹43.3813 crs	₹2.0155 crs	2,052.38%
EPS	₹10.02	₹0.47	2,031.91%

Shares of Sanghvi Movers Limited was last trading in BSE at Rs. 254.15 as compared to the previous close of Rs. 225.55. The total number of shares traded during the day was 129468 in over 3896 trades.

The stock hit an intraday high of Rs. 256.00 and intraday low of 220.55. The net turnover during the day was Rs. 32333738.00.

Source : Equity Bulls

Keywords

SanghviMovers Q2FY23 H1FY23 ResultUpdate