शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
BSEHazoor Multi Projects Ltd-$· RealtyHighNeutral
Announced Thu, 12 Feb, 2026 · 21:38 IST

Please find the attached outcome of the Board Meeting held on 12th February 2026. The Board has approved the following business: 1. Considered and approved Standalone and Consolidated ....

Profit growth above 25%Emphasis of matterResults View source PDFExplain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

Hazoor Multi Projects reported Q3 FY26 (quarter ended 31 Dec 2025) unaudited results: standalone revenue from operations rose ~34% YoY to Rs 75.97 crore, but standalone PAT dipped ~13% to Rs 2.72 crore. For 9M FY26, standalone revenue surged ~55% YoY to Rs 259.20 crore with PAT up ~58% to Rs 12.43 crore (EPS Rs 0.43). Consolidated 9M revenue grew more modestly ~8.5% to Rs 421.17 crore, but consolidated PAT fell ~55% to Rs 10.31 crore, hurt by a sharp jump in finance costs to Rs 33.87 crore (vs Rs 9.23 crore last year). The Board appointed Mr. Kiran Vasantrao Kurundkar (retired IAS officer) as Additional Independent Director for 5 years and Mrs. Anushree Tekriwal as Company Secretary & Compliance Officer. Auditors flagged an emphasis-of-matter on the cessation of Vyom Hydrocarbon Pvt Ltd (VHPL) and its step-down Quippo Oil and Gas as subsidiaries after CCD conversion diluted the company's stake below majority.

Likely market impact

Mixed signals for shareholders: strong top-line growth on a standalone basis is encouraging, but weaker consolidated profitability, surging finance costs, and the loss of VHPL as a subsidiary introduce uncertainty about the consolidated earnings trajectory going forward.