Key Decisions and Financial Results

1. Approval of Financial Results

The Board of Directors considered and approved:

  • Standalone Unaudited Financial Results for quarter ended 30th June 2026
  • Consolidated Unaudited Financial Results for quarter ended 30th June 2026
  • Limited Review Report by statutory auditors VMRS & Co. on both standalone and consolidated results

2. Standalone Financial Performance (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹103.67 lakh (₹10,367.04 lakh)
  • Other Income: ₹45.90 lakh (₹458.98 lakh)
  • Total Income: ₹108.26 lakh (₹10,826.02 lakh)
  • Profit Before Tax: ₹46.00 lakh (₹460.03 lakh)
  • Tax Expense: ₹11.58 lakh (₹115.79 lakh) comprising Current Tax ₹111.34 lakh and Deferred Tax ₹4.45 lakh
  • Profit After Tax: ₹34.43 lakh (₹344.25 lakh)
  • Earnings Per Share (Basic): ₹0.12
  • Earnings Per Share (Diluted): ₹0.12
  • Interest Service Coverage Ratio: 4.74
  • Debt Equity Ratio: 0.02
  • Paid-up Equity Share Capital: ₹288.17 lakh (28,817,200 shares of Re. 1 each)

3. Consolidated Financial Performance (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹119.66 lakh (₹11,966.38 lakh)
  • Other Income: ₹13.38 lakh (₹133.80 lakh)
  • Total Income: ₹121.00 lakh (₹12,100.18 lakh)
  • Profit Before Tax: ₹21.03 lakh (₹210.33 lakh)
  • Tax Expense: ₹15.15 lakh (₹151.46 lakh) comprising Current Tax ₹147.01 lakh and Deferred Tax ₹4.45 lakh
  • Profit After Tax: ₹5.89 lakh (₹58.88 lakh)
  • Share of Profit/(Loss) of Associates: (₹0.29 lakh) loss
  • Profit after Tax and share of Associate: ₹3.00 lakh (₹29.98 lakh)
  • Earnings Per Share (Basic): ₹0.01
  • Earnings Per Share (Diluted): ₹0.01
  • Interest Service Coverage Ratio: 1.22
  • Debt Equity Ratio: 0.64

4. Share Forfeiture Approval

The Board approved forfeiture of 14,459 partly paid-up equity shares for non-payment of call money. Details:

  • Original Rights Issue allotment: 5,075,000 equity shares on 13th March 2023
  • Call money received for: 5,060,541 shares
  • Call money unpaid for: 14,459 shares
  • Notices sent: First and final call money notice (30th May 2023), Final call money-cum-forfeiture notice (17th August 2023 and 26th February 2024)
  • Post-subdivision equivalent: 144,590 equity shares of Re. 1 each (approved at AGM on 27th August 2024)

5. Subsidiaries and Associates Included in Consolidation

  • Hazoor Infra Projects Private Limited (Wholly Owned Subsidiary, incorporated 17th October 2023)
  • Square Port Shipyard Private Limited (Wholly Owned Subsidiary, acquired 22nd April 2024)
  • Hazoor New and Renewable Energy Private Limited (Wholly Owned Subsidiary, incorporated 12th March 2025)
  • Rappture Projects Private Limited (Formerly Karmvir Intelligent Infra Private Limited, Associate Company, acquired 29th May 2024)
  • HMPL-SBD-SAS-JV (Joint Venture)

6. Auditor Qualifications

One subsidiary with total revenues of ₹602.49 lakh and net profit of ₹5.97 lakh was not reviewed by the company's auditors but relied on other auditors' reports. One associate with share of loss of ₹0.29 lakh was also reviewed by other auditors.

7. Investor Complaints

No investor complaints pending at beginning of quarter, received during quarter, disposed during quarter, or remaining unresolved at end of quarter.

8. Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window will reopen after 48 hours of results announcement.

9. Meeting Details

Board meeting commenced at 12:00 Noon and concluded at 04:00 P.M. on 13th August 2026 at the registered office: C-45, Floor 4th, Plot -210, C Wing, Mittal Tower, Barrister Rajani Patel Marg, Nariman Point Mumbai - 400021.