Sanghvi Movers consolidated net profit rises 138.21% in the March 2022 quarter

Sales rise 34.51% to Rs 109.32 crore

Net profit of Sanghvi Movers rose 138.21% to Rs 18.58 crore in the quarter ended March 2022 as against Rs 7.80 crore during the previous quarter ended March 2021. Sales rose 34.51% to Rs 109.32 crore in the quarter ended March 2022 as against Rs 81.27 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 29.40 crore in the year ended March 2022 as against net loss of Rs 22.42 crore during the previous year ended March 2021. Sales rose 49.84% to Rs 335.26 crore in the year ended March 2022 as against Rs 223.74 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales109.3281.27 35 335.26223.74 50 OPM %32.6649.38 -41.1438.96 - PBDT53.6443.46 23 157.5990.15 75 PBT24.7911.96 107 39.47-31.95 LP NP18.587.80 138 29.40-22.42 LP

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