Sanghvi Movers Ltd reports consolidated net profit of Rs. 33.92 crores in Q4 FY23

Sanghvi Movers Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 131.5252 crores during the period ended March 31, 2023 as compared to Rs. 128.9623 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 33.9240 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 34.7532 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 7.84 for the period ended March 31, 2023 as compared to Rs. 8.03 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹131.5252 crs	₹128.9623 crs	1.99%
Net Profit	₹33.9240 crs	₹34.7532 crs	-2.39%
EPS	₹7.84	₹8.03	-2.37%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.131.5252 crores during the period ended March 31, 2023 as compared to Rs.131.4026 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.33.9240 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.18.5808 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.7.84 for the period ended March 31, 2023 as compared to Rs.4.29 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹131.5252 crs	₹131.4026 crs	0.09%
Net Profit	₹33.9240 crs	₹18.5808 crs	82.58%
EPS	₹7.84	₹4.29	82.75%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.485.5535 crores during the Financial Year ended March 31, 2023 as compared to Rs.372.2515 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.112.0585 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.29.4046 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.25.89 for the Financial Year ended March 31, 2023 as compared to Rs.6.79 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹485.5535 crs	₹372.2515 crs	30.44%
Net Profit	₹112.0585 crs	₹29.4046 crs	281.09%
EPS	₹25.89	₹6.79	281.30%

Shares of Sanghvi Movers Limited was last trading in BSE at Rs. 411.45 as compared to the previous close of Rs. 417.90. The total number of shares traded during the day was 19293 in over 695 trades.

The stock hit an intraday high of Rs. 419.75 and intraday low of 410.10. The net turnover during the day was Rs. 7978002.00.

Source : Equity Bulls

Keywords

SanghviMovers Q4FY23 FY2023 ResultUpdate