The Board of Directors of Sanghvi Movers Limited, at their meeting held on February 06, 2026, approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. For the quarter ended December 31, 2025, the company reported a consolidated revenue from operations of ₹235.78 Crores, marking a 12.33% increase from ₹209.90 Crores in the previous quarter (QoQ) and a 13.38% rise from ₹207.96 Crores in the corresponding quarter of the previous year (YoY). The consolidated profit for the period stood at ₹28.97 Crores, which is a decrease of 15.16% compared to ₹34.27 Crores in the preceding quarter, but an increase of 15.75% from ₹25.03 Crores in the same quarter last year. This performance reflects robust year-on-year growth despite a sequential dip in net profit attributed to exceptional items including a ₹4.37 Crore provision related to new Labour Codes and a ₹3.78 Crore asset damage loss.
| Financial Indicator | Q3 FY2025 (Dec 2025) | Q2 FY2025 (Sept 2025) | Q3 FY2024 (Dec 2024) | % Change (QoQ) | % Change (YoY) |
| Revenue (₹ in Crores) | 235.78 | 209.90 | 207.96 | 12.33% ↑ | 13.38% ↑ |
| Profit (₹ in Crores) | 28.97 | 34.27 | 25.03 | 15.16% ↓ | 15.75% ↑ |
Sanghvi Movers Limited is the largest crane rental company in India and ranks among the largest globally, specializing in the deployment of medium to large-sized heavy-duty hydraulic telescopic and crawler cranes. The company operates across diverse sectors including Wind Energy, Power, Steel, Refinery, and Project EPC, providing critical lifting solutions and ancillary services. In early 2025, the company expanded its international footprint by approving the incorporation of a wholly-owned subsidiary in Botswana to capture emerging opportunities in the African market. Known for its extensive fleet and technical expertise, Sanghvi Movers continues to be a key player in India’s infrastructure and renewable energy landscape.
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