Sanghvi Movers will hold a meeting of the Board of Directors of the Company on 16 May 2024.Powered by Capital Market - Live News

Sanghvi Movers announced that incorporation of a wholly owned subsidiary - Sangreen Renewables on 23 March 2024. Sangreen Renewables will carry on the business related to provide full-fledged turnkey services to Independent Power Producers (IPP) right fromConceptualization to Commissioning of wind turbine generator (WTG). The business of the WOS is not outside the main line of business of the Company. Powered by Capital Market - Live News

Net profit of Sanghvi Movers rose 76.35% to Rs 61.28 crore in the quarter ended December 2023 as against Rs 34.75 crore during the previous quarter ended December 2022. Sales rose 36.38% to Rs 167.04 crore in the quarter ended December 2023 as against Rs 122.48 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales167.04122.48 36 OPM %68.7161.43 - PBDT113.8877.49 47 PBT82.0146.43 77 NP61.2834.75 76 Powered by Capital Market - Live News

Sanghvi Movers will hold a meeting of the Board of Directors of the Company on 7 February 2024.Powered by Capital Market - Live News

Sanghvi Movers has appointed Bhumika Batra (DIN: 03502004) and Indraneel Chitale (DIN: 07720280) as Additional Directors with effect from 25 December 2023. Powered by Capital Market - Live News