Sanghvi Movers reports jump in Q1FY24 consolidated PAT to Rs. 41.78 crores

Sanghvi Movers Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 152.1037 crores during the period ended June 30, 2023 as compared to Rs. 131.5252 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 41.7868 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 33.9240 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 9.65 for the period ended June 30, 2023 as compared to Rs. 7.84 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 152.1037 crs	₹131.5252 crs	15.65%
Net Profit	₹41.7868 crs	₹33.9240 crs	23.18%
EPS	₹9.65	₹7.84	23.09%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 152.1037 crores during the period ended June 30, 2023 as compared to Rs.100.9160 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.41.7868 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.14.4883 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.9.65 for the period ended June 30, 2023 as compared to Rs.3.35 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 152.1037 crs	₹100.9160 crs	50.72%
Net Profit	₹41.7868 crs	₹14.4883 crs	188.42%
EPS	₹9.65	₹3.35	188.06%

Shares of Sanghvi Movers Limited was last trading in BSE at Rs. 650.85 as compared to the previous close of Rs. 599.15. The total number of shares traded during the day was 135767 in over 4410 trades.

The stock hit an intraday high of Rs. 680.40 and intraday low of 564.00. The net turnover during the day was Rs. 89593963.00.

Source : Equity Bulls

Keywords

SanghviMovers Q1FY24 ResultUpdate