Hazoor Multi Projects Ltd

The contract involves the reinforcement steel and structural steel fabrication for bridge construction at the Versova Bandra Sea Link Project site in Mumbai. The company would provide, cut, bend, and fix reinforcement steel as per technical drawings, and fabricate structural steel, including cutting, bending, drilling, welding, and finishing, according to design specifications. The project has to be completed within a period of six months. Hazoor Multi Projects is a leading player in the Indian infrastructure sector, specializing in a diverse range of projects including road construction, bridges, flyovers, and other civil engineering works. The company had reported 69.48% drop in net profit to Rs 3.14 crore on a 29.60% fall in revenue to Rs 56.76 crore in Q3 FY25 as compared with Q3 FY24. Powered by Capital Market - Live

Hazoor Multi Projects has received a work order from received Venkatesh Infra Projects for Reinforcement Steel cutting, Bending, fixing as per technical drawing and Fabricating of Structural Steel for Bridge Construction at Versova Bandra Sea Link Project Site Mumbai . The value of the awarded project is Rs.102.10 crore. Powered by Capital Market - Live

The contract involves the reinforcement steel and structural steel fabrication for bridge construction at the Versova Bandra Sea Link Project site in Mumbai. Specifically, Hazoor Multi Projects will provide, cut, bend, and fix reinforcement steel as per technical drawings, and fabricate structural steel, including cutting, bending, drilling, welding, and finishing, according to design specifications. The project has to be completed within a period of six months. Hazoor Multi Projects Ltd. is a leading player in the Indian infrastructure sector, specializing in a diverse range of projects including road construction, bridges, flyovers, and other civil engineering works. The company had reported 69.48% drop in net profit to Rs 3.14 crore on a 29.60% fall in revenue to Rs 56.76 crore in Q3 FY25 as compared with Q3 FY24. The scrip had added 1.81% to end at Rs 42.70 on the BSE on Friday. Powered by Capital Market - Live

Net profit of Hazoor Multi Projects declined 69.48% to Rs 3.14 crore in the quarter ended December 2024 as against Rs 10.29 crore during the previous quarter ended December 2023. Sales declined 29.60% to Rs 56.76 crore in the quarter ended December 2024 as against Rs 80.63 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales56.7680.63 -30 OPM %5.6715.71 - PBDT4.2413.75 -69 PBT4.1913.70 -69 NP3.1410.29 -69 Powered by Capital Market - Live

  Hazoor Multi Projects has received a letter of acceptance from National Highways Authority of India for acting as user fee collection agency through e-tender at Bijora Toll Plaza for the project four laning of Waranga to Mahagaon from km 253.700 to km 320.580 section of NH-361 in state of Maharashtra under NHDP Phase IV on hybrid annuity mode and upkeep and maintenance of adjacent toilet blocks including recouping the consumable items. The value of the project is Rs 7.91 crore. Powered by Capital Market - Live

Hazoor Multi Projects will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

Hazoor Multi Projects has received a letter of acceptance from National Highways Authority of India for acting as user fee collection agency on the basis of competitive bidding through e-tender at Hulikunte Fee Plaza at Ch.12.300 for use of four Laning from km 0.00 to km 42.00 of Dobaspet to Dodaballapur Bypass section of NH648 (old NH-207) in the State of Karnataka and upkeep/ maintenance of adjacent toilet blocks including recouping the consumable items . The value of the awarded project is Rs. 67.16 crore. Powered by Capital Market - Live

Hazoor Multi Projects announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 21 February 2025.Powered by Capital Market - Live

The Board of Hazoor Multi Projects at its meeting held on 28 January 2025 has approved the alteration in object clause of the Memorandum of Association to include new business activity of renewable energy. Further, to fund the expansion of the new business, the board approved the issuance of 7,0033,000 convertible warrants having face value of Re 1 in one or more tranches, to strategic investors classified under the non-promoter public category on preferential basis, payable in cash for an aggregate amount of Rs 383.78 crore. Powered by Capital Market - Live

Hazoor Multi Projects announced its foray into the green energy revolution in India with the development of the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP), Maharashtra's first solar park. This landmark initiative is being developed in collaboration with a leading multinational company from the United Kingdom and is poised to play a transformative role in the state's renewable energy landscape. The ambitious 1.2 GW capacity solar park will be located across 4,200 acres in Solapur district. Equipped with state-of-the-art technology, each solar panel at the park will feature an impressive 750-watt capacity, ensuring exceptional efficiency. The park will incorporate both fixed and tracking solar panels, with the tracking systems designed to follow the sun's movement throughout the day to maximize energy generation. Once operational, CSMSUP will make a substantial contribution to India's renewable energy goals, aiding the country in its ambitious green energy transition while significantly reducing its carbon footprint. This initiative goes beyond environmental benefits, driving economic growth and generating new job opportunities in the Solapur region, reinforcing HMPL's commitment to fostering sustainable development. Powered by Capital Market - Live