Outcome of Board Meeting held today i.e 26th May 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hazoor Multi Projects Limited's Board approved FY2025-26 standalone and consolidated audited financial results. Standalone PAT grew 62% to ₹2,287.29 lakhs with marginal revenue growth of 2%, while consolidated PAT rose 7% to ₹4,268.81 lakhs despite consolidated revenue declining 9% to ₹57,957.55 lakhs. Statutory auditors VMRS & Co. issued unmodified opinions on both standalone and consolidated results. Key corporate actions include re-approval for NSE Main Board listing (after share warrant conversions), appointment of N. Ritesh & Associates as Cost Auditor, and withdrawal of the binding offer for Gammon EPC business acquisition citing non-viability. The company's debt-equity ratio improved significantly from 0.19 to 0.01 at standalone level.
Strong standalone profitability growth with 62% PAT increase signals operational efficiency gains. However, the 9% decline in consolidated revenue raises questions about the group's revenue trajectory. The withdrawal of the Gammon acquisition offer removes a potential growth catalyst but may reduce execution risk. The improving balance sheet with near-zero leverage is positive for financial stability.