Small-cap stocks priced below Rs 50 announce 20% dividend: Check amount and other details

Hazoor Multi Projects, a real estate sector company, has announced its financial results for the January-March quarter of the fiscal year 2024-25. The company’s net profit plummeted by a substantial 69 per cent year-on-year to Rs 16.78 crore, starkly contrasting the Rs 53.93 crore recorded in the same quarter of the previous fiscal year. Similarly, the company’s core business income also saw a significant decline of 46 per cent to Rs 249 crore, compared to the prior year’s Rs 464 crore.