Sanghvi Movers Ltd posts consolidated PAT jumps to Rs. 34.75 crores in Q3FY23

Sanghvi Movers Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 128.9623 crores during the period ended December 31, 2022 as compared to Rs. 124.15 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 34.7532 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 28.8930 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 8.03 for the period ended December 31, 2022 as compared to Rs. 6.67 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹128.9623 crs	₹124.15 crs	3.88%
Net Profit	₹34.7532 crs	₹28.8930 crs	20.28%
EPS	₹8.03	₹6.67	20.39%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.128.9623 crores during the period ended December 31, 2022 as compared to Rs.87.2183 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.34.7532 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.8.8083 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.8.03 for the period ended December 31, 2022 as compared to Rs.2.03 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹128.9623 crs	₹87.2183 crs	47.86%
Net Profit	₹34.7532 crs	₹8.8083 crs	294.55%
EPS	₹8.03	₹2.03	295.57%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.354.0283 crores during the 9 Months period ended December 31, 2022 as compared to Rs.240.8489 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.78.1345 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.10.8238 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.18.05 for the 9 Months period ended December 31, 2022 as compared to Rs.2.50 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹354.0283 crs	₹240.8489 crs	46.99%
Net Profit	₹78.1345 crs	₹10.8238 crs	621.88%
EPS	₹18.05	₹2.50	622.00%

Shares of Sanghvi Movers Limited was last trading in BSE at Rs. 367.30 as compared to the previous close of Rs. 347.45. The total number of shares traded during the day was 167483 in over 4335 trades.

The stock hit an intraday high of Rs. 371.50 and intraday low of 343.00. The net turnover during the day was Rs. 60880190.00.

Source : Equity Bulls

Keywords

SanghviMovers Q3FY23 9MFY23 ResultUpdate