EBITDA for the quarter rose 16.2% year-on-year to ₹124.2 crore from ₹106.9 crore in the year-ago period. However, EBITDA margin narrowed to 36.4% from 40% in the corresponding quarter last year.
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.
Also Read: Aditya Birla Capital raises ₹4,000 crore to fund growth, confirms CNBC-TV18 NewsbreakEarlier, in its Q3 results, the firm had reported a 12.4% year-on-year decline in net profit, even as revenue posted double-digit growth during the period.
The company’s net profit for Q3 stood at ₹28.9 crore, compared with ₹33 crore in the corresponding quarter last year. Revenue from operations increased 13.4% year-on-year to ₹235.7 crore, up from ₹207.9 crore in the year-ago period, reflecting improved topline performance.
Ahead of the announcement, shares of Sanghvi Movers Ltd settled at ₹322.90 on the NSE on Wednesday, May 20, up 0.78% from the previous close.
Also Read: Mankind Pharma eyes double-digit growth in FY27, bets on chronic portfolio expansion
