Yes at all volume levels. At 1 lakh/month: SGH ₹12,000 vs MSG91 ₹13,000+ (save ₹1,000/month). At 5 lakh/month: SGH ₹55,000 vs MSG91 ₹60,000+ (save ₹5,000/month). At 10 lakh/month: SGH ₹1,00,000 vs MSG91 ₹1,20,000+ (save ₹20,000/month = ₹2.4 lakh/year). SGH also offers SMPP connectivity and ISO 27001 certification which MSG91 doesn't provide.