Sanghvi Movers Ltd delivered robust financial results for the fourth quarter ended March 2026, with consolidated net profit rising 28% year-on-year to ₹68.8 crore compared with ₹53.8 crore in the corresponding quarter last year. According to the exchange filing, the company's revenue from operations increased 32% to ₹351.4 crore against ₹267.4 crore recorded a year ago. The strong performance was driven by continued demand for wind EPC and crane rental services, with sequential growth of 50% from Q3 FY26 and profit more than doubling from ₹29.0 crore in the previous quarter. As reported by CNBC TV18, these two key business segments have been the primary growth drivers for Sanghvi Movers in recent quarters.
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. This dividend declaration reflects the company's strong cash generation capabilities and commitment to returning value to shareholders, with basic earnings per share rising to ₹7.95 from ₹6.22 in Q4 FY25.
The company's crane hiring and ancillary services segment remained the largest contributor, generating ₹268.6 crore in quarterly revenue, up from ₹180.1 crore a year earlier, with segment profit increasing to ₹87.2 crore during the quarter. Wind EPC revenue rose to ₹116.1 crore from ₹99.6 crore, while Project EPC revenue stood at ₹14.0 crore. Higher activity levels and operational execution supported overall profitability during the quarter, with profit before tax at ₹94.8 crore against ₹74.7 crore in the corresponding quarter last year.
For FY26, Sanghvi Movers reported consolidated revenue from operations rising 37% to ₹1,070 crore from ₹782.1 crore in FY25, with net profit increasing 18% to ₹184.3 crore compared with ₹156.5 crore in the previous financial year. The company's profit before tax stood at ₹252.9 crore against ₹216.7 crore in FY25. Total expenses rose to ₹265.5 crore during the quarter from ₹193.0 crore in the previous quarter due to higher operating activity, while finance costs increased to ₹12.6 crore from ₹9.3 crore.
