Please find attached outcome of the Board meeting held on 13th August 2025, the board has approved the following business:- <BR> 1. Considered and approved Standalone and Consolidated Unaudited ....
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Hazoor Multi Projects reported its Q1 FY26 (quarter ended June 30, 2025) unaudited results. Standalone revenue from operations jumped nearly 3x to Rs. 9,916 lakh (from Rs. 3,416 lakh a year ago), while standalone profit surged to Rs. 841 lakh (from just Rs. 8 lakh). Consolidated revenue rose to Rs. 18,002 lakh (from Rs. 7,026 lakh) with profit after tax of Rs. 1,379 lakh (from Rs. 946 lakh). The company also announced plans to submit a binding offer to acquire the EPC business of Gammon Engineers and Contractors, a major infrastructure player. Additionally, Mr. Mukund Shriniwasrao Bilolikar was appointed as an Additional Independent Director for 5 years. The auditor (VMRS & Co.) issued an unqualified limited review report.
Sharp jump in both standalone and consolidated revenue and profits signals strong operational momentum, potentially boosted by the recently acquired subsidiaries. The proposed Gammon EPC acquisition could be a transformational deal if it goes through, materially expanding the company's infrastructure footprint, while also introducing execution and funding risks for shareholders.