[Company Name]

Sanghvi Movers Limited

Key Quantitative Figures - Standalone (Q2 FY27)

  • Revenue from Operations: ₹14,784.26 lakhs (Q2 FY27) vs ₹13,649.25 lakhs (Q2 FY26)
  • Other Income: ₹2,288.63 lakhs (Q2 FY27) vs ₹1,105.21 lakhs (Q2 FY26)
  • Total Income: ₹17,072.89 lakhs (Q2 FY27) vs ₹14,754.46 lakhs (Q2 FY26)
  • Employee Benefits Expense: ₹1,544.94 lakhs (Q2 FY27) vs ₹1,492.72 lakhs (Q2 FY26)
  • Finance Costs: ₹1,070.48 lakhs (Q2 FY27) vs ₹714.42 lakhs (Q2 FY26)
  • Depreciation & Amortization: ₹3,393.19 lakhs (Q2 FY27) vs ₹3,113.31 lakhs (Q2 FY26)
  • Profit Before Tax: ₹3,007.31 lakhs (Q2 FY27) vs ₹3,051.81 lakhs (Q2 FY26)
  • Tax Expense: ₹777.53 lakhs (Q2 FY27) vs ₹782.06 lakhs (Q2 FY26)
  • Profit for the Period: ₹2,229.78 lakhs (Q2 FY27) vs ₹2,269.75 lakhs (Q2 FY26)
  • Basic EPS: ₹2.57 (Q2 FY27) vs ₹2.62 (Q2 FY26)

Key Quantitative Figures - Consolidated (Q2 FY27)

  • Revenue from Operations: ₹27,696.79 lakhs (Q2 FY27) vs ₹20,990.48 lakhs (Q2 FY26)
  • Other Income: ₹1,922.35 lakhs (Q2 FY27) vs ₹768.43 lakhs (Q2 FY26)
  • Total Income: ₹29,619.14 lakhs (Q2 FY27) vs ₹21,758.91 lakhs (Q2 FY26)
  • Employee Benefits Expense: ₹3,065.71 lakhs (Q2 FY27) vs ₹2,172.83 lakhs (Q2 FY26)
  • Finance Costs: ₹1,476.17 lakhs (Q2 FY27) vs ₹738.47 lakhs (Q2 FY26)
  • Depreciation & Amortization: ₹3,716.61 lakhs (Q2 FY27) vs ₹3,129.61 lakhs (Q2 FY26)
  • Profit Before Tax: ₹5,406.88 lakhs (Q2 FY27) vs ₹4,979.80 lakhs (Q2 FY26)
  • Tax Expense: ₹1,373.03 lakhs (Q2 FY27) vs ₹1,352.69 lakhs (Q2 FY26)
  • Profit for the Period: ₹4,033.85 lakhs (Q2 FY27) vs ₹3,627.11 lakhs (Q2 FY26)
  • Basic EPS: ₹4.66 (Q2 FY27) vs ₹4.19 (Q2 FY26)

Segment Performance (Standalone)

  • Crane Hiring & Ancillary Services: Revenue ₹14,342.77 lakhs, Segment Result ₹3,691.80 lakhs (Q2 FY27)
  • Project EPC: Revenue ₹441.49 lakhs, Segment Result (₹334.54) lakhs (Q2 FY27)

Segment Performance (Consolidated)

  • Crane Hiring & Ancillary Services: Revenue ₹17,477.80 lakhs, Segment Result ₹5,588.23 lakhs (Q2 FY27)
  • Wind E&C: Revenue ₹9,777.50 lakhs, Segment Result ₹1,839.38 lakhs (Q2 FY27)
  • Project EPC: Revenue ₹441.49 lakhs, Segment Result (₹334.54) lakhs (Q2 FY27)

Dividend Declaration

The Board had recommended a dividend of ₹2 per equity share (face value ₹1) for FY26, which was approved by shareholders in the AGM held on August 24, 2026. The company paid dividend of ₹1,731.52 lakhs during Q2 FY27.

Director Appointment

The Board approved the appointment of Mr. Aditya Bhartia (DIN: 00932272) as an Additional Director (Non-Executive, Independent) effective November 02, 2026, for a term of 5 years subject to shareholder approval. Mr. Bhartia is the Founder and Managing Director of Advik Hi-Tech Pvt. Ltd. with over two decades of experience in the automotive components industry.

Committee Reconstitution

The Board reconstituted the following committees with immediate effect:

  • Audit Committee: Chairperson - Mrs. Madhu Dubhashi, with 6 members including the new appointee Mr. Aditya Bhartia
  • Nomination & Remuneration Committee: Chairperson - Mr. Tushar Mehendale, with 4 members including Mr. Bhartia
  • Risk Management Committee: Chairperson - Mr. Rishi C. Sanghvi (Managing Director), with 4 members including Mr. Bhartia

Exceptional Items

The financial results include exceptional items related to:

1. Incremental impact of Labour Code implementation (Gratuity provision of ₹269.90 lakhs and long-term compensated absences of ₹59.09 lakhs for FY26)

2. Loss from damage to crane cabin and trailer during mobilization (WDV ₹377.96 lakhs and reversal of input tax credit ₹59.20 lakhs for FY26)

Auditor Review

The unaudited financial results were reviewed by MSKA & Associates LLP, who issued an unqualified conclusion. The review covered the Holding Company and its subsidiaries, except for two subsidiaries whose interim financial information was not subject to review but were considered not material to the Group.

Meeting Details

The Board meeting commenced at 11:30 AM IST and concluded at 02:10 PM IST on November 02, 2026.