Sanghvi Movers announced that the Ministry of Corporate Affairs (MCA) has approved the name change of its wholly owned subsidiary from
Sanghvi Movers provides medium- to heavy-duty cranes on a rental basis to various private and public sector undertakings. SMLs crane fleet consists of medium- to large-sized hydraulic truck-mounted telescopic and lattice boom cranes and crawler lattice boom cranes having a lifting capacity ranging from 20 MT to 1000 MT.The companys standalone net profit fell 9% to Rs 43.45 crore on a 1.9% drop in revenue from operations to Rs 162.32 crore in Q4 FY25 over Q4 FY24.
Shares of Sanghvi Movers shed 0.30% to Rs 284.65 on the BSE.
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