Sanghvi Movers Limited reported a consolidated net profit of Rs 40.34 crore for the quarter ended September 30, 2026, compared to Rs 36.27 crore in the same period last year. Consolidated revenue climbed to Rs 276.97 crore from Rs 209.90 crore, reflecting steady operational growth. The company also announced the appointment of Mr. Aditya Bhartia as an Additional Director (Independent) and confirmed the successful distribution of a Rs 2 per share dividend.
Sanghvi Movers Reports Solid Growth in Q2 FY27
Consolidated Revenue: Rs 276.97 crore
Consolidated Net Profit: Rs 40.34 crore
Reader Takeaway: Strong revenue growth fuels profit expansion, while board restructuring strengthens corporate governance frameworks for future operations.
What just happened
Sanghvi Movers released its financial results for the quarter and half-year ended September 30, 2026. The company achieved consolidated revenue of Rs 276.97 crore for the quarter, up from Rs 209.90 crore in the same period last year. Consolidated net profit reached Rs 40.34 crore, marking an improvement over the Rs 36.27 crore recorded in Q2 FY26. For the half-year, consolidated revenue stood at Rs 656.64 crore with a net profit of Rs 105.59 crore.
Why this matters
The steady performance highlights the company's ability to scale operations in the heavy lifting and infrastructure support segment. Revenue growth of approximately 32% year-on-year reflects strong demand. Additionally, the appointment of Mr. Aditya Bhartia, founder of Advik Hi-Tech, as an Independent Director indicates a push toward strengthening board-level oversight and strategic guidance.
Board and Governance Update
The Board of Directors approved the appointment of Mr. Aditya Bhartia as an Additional Director (Non-Executive, Independent) effective November 2, 2026. His five-year term is subject to shareholder approval. Concurrently, the company re-constituted its Audit, Nomination & Remuneration, and Risk Management Committees to align with current governance standards.
Dividend and Audit Status
The company confirmed the completion of its dividend payout of Rs 2 per share, totaling Rs 1,731.52 lakh, following approval at the Annual General Meeting held in August 2026. Statutory auditors MSKA & Associates LLP provided an unqualified conclusion for both standalone and consolidated financial results, indicating no major concerns regarding the reported figures.
What to track next
Investors should monitor the company's ability to maintain its margin profile amidst evolving industry cost structures and potential impacts from new labor regulations.