Sanghvi Movers Limited — Important, 20-05-2025: General Updates
20-05-2025 | 09:20 pm
20-05-2025 | 09:20 pm
Sanghvi Movers has announced a board meeting on finalizing the financial results for the quarter and half-year. For FY25, it reported ₹823 Cr turnover and ₹157 Cr PAT. Capacity utilization dropped to 73% from 84%, with a blended yield of 2.05% per month. Net debt increased to ₹376 Cr, with a 0.33 net debt-to-equity ratio. The company invested ₹235 Cr in 156 new cranes and related equipment. A robust ₹600 Cr order book supports steady revenue visibility going forward.
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