Archive · 2 Jun 2025
Hazoor Multi Projects Announces Dividend Despite Profit Decline
A real estate company called Hazoor Multi Projects announced its financial results.
The company's profits went down a lot compared to last year.
The company's income also decreased.
However, the company will pay a dividend, which means it will give money to people who own its shares.
The dividend is 20% of the share's face value, or 20 paisa per share.
The share price moved up and down during the trading day, but its five-year return is impressive.
The stock's 52-week high and low are also mentioned.
Hazoor Multi Projects announced financial results for January-March 2024-25.
Net profit decreased by 69% year-over-year.
Core business income also declined by 46%.
The company's board recommended a final dividend of Rs 0.20 per share.
Shares closed at Rs 44.21 on Friday and have gained 16.40% in the last month.
- Who
- Hazoor Multi Projects, a real estate company.
- What
- Hazoor Multi Projects announced financial results and a dividend.
- When
- The company announced results for the January-March quarter of fiscal year 2024-25.
- Where
- Mumbai, India.
- Why
- To distribute profits to shareholders
- Dividend Amount
- Rs 0.20 per share
- Dividend Percentage
- 20%
- Share Price (Closing)
- Rs 44.21 (Friday's close)
- Net Profit (Q1 2024-25)
- Rs 16.78 crore
- Net Profit (Q1 2023-24)
- Rs 53.93 crore