Sanghvi Movers Q4 profit jumps 28% as demand for cranes and wind projects stays strong

Sanghvi Movers Ltdreported a 27.8% year-on-year rise in consolidated net profit for the fourth quarter ended March 2026 at ₹68.8 crore, compared with ₹53.8 crore in the corresponding quarter last year.

As per the exchange filing, revenue from operations during the quarter increased 27.7% to ₹351.4 crore against ₹267.4 crore a year ago, supported by continued demand for wind EPC and crane rental services.

EBITDA for the quarter rose 16.2% year-on-year to ₹124.2 crore from ₹106.9 crore in the year-ago period. However, EBITDA margin narrowed to 36.4% from 40% in the corresponding quarter last year.

The company’s Board of Directors has recommended a final dividend of ₹2 per equity share of face value ₹1 each for FY26, subject to shareholders’ approval at the upcoming Annual General Meeting.

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Earlier, in its Q3 results, the firm had reported a 12.4% year-on-year decline in net profit, even as revenue posted double-digit growth during the period.

The company’s net profit for Q3 stood at ₹28.9 crore, compared with ₹33 crore in the corresponding quarter last year. Revenue from operations increased 13.4% year-on-year to ₹235.7 crore, up from ₹207.9 crore in the year-ago period, reflecting improved topline performance.

Ahead of the announcement, shares of Sanghvi Movers Ltd settled at ₹322.90 on the NSE on Wednesday, May 20, up 0.78% from the previous close.

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