Hazoor Multi Projects bags Nagpur-Mumbai expressway order

01 Jul 2022 CW Team

Hazoor Multi Projects has received a work order aggregating to Rs 1.41 billion from Nagpur-Mumbai Super Communication Expressway. The order is for execution of change of scope work from Village Dhotre to Village Derde Korhale in District Anmednagar of Package-11 on engineering, procurement and construction (EPC) basis.

Hazoor Multi Projects is in the business of road construction. It reported a steeply higher net profit of Rs 215 million in the fourth quarter of financial year 2022 against a net profit of Rs 58 million in Q4 FY21. Net sales soared 271.2% to Rs 8.93 billion in Q4 FY22 from Rs 2.40 billion in Q4 FY21. The company's market capitalisation stands at Rs 3.60 billion.

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