Prozone Realty
50.16
+1.01(+2.05%)
Market Cap₹765.46 Cr
PE Ratio-17.73
IndustryRealty
Company Performance:
1D+2.05%
1M-15.38%
6M+16.11%
1Y+43.81%
5Y+142.32%
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More news about Prozone Realty
12Nov 25
Prozone Realty Reports Q2 Net Profit of Rs 341.92 Lakhs, Revenue Dips 5.5%
Prozone Realty Limited announced Q2 FY24 results with net profit soaring to Rs 341.92 lakhs, up from Rs 39.41 lakhs year-over-year, despite a 5.5% decline in revenue to Rs 4,618.77 lakhs. The company faces management challenges with the rejection of its Deputy Managing Director's reappointment and is considering legal action regarding Rs 682.00 lakhs in remuneration. Its subsidiary, Hagwood Commercial Developers, is contesting aviation clearance cancellation for a Nagpur project.
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20Sept 25
Prozone Realty: Four Promoter Group Members Seek Reclassification to Public Category
Four members of Prozone Realty Limited's promoter group have requested reclassification from 'Promoter Group' to 'Public' category. The applicants, including Rakesh Rawat Family Trust, Ghanshyam Rawat, Pushplata Rawat, and Vandana Vaidh, collectively hold about 2.35% of the company's shares. They claim no influence over business decisions or management. Prozone Realty will process these requests as per SEBI regulations, potentially moving 35,87,416 shares to the public category.
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14Aug 25
Prozone Realty Reports Strong Q1 Results, Plans Two New Subsidiaries
Prozone Realty Limited announced strong Q1 results with total income rising 18.80% to Rs 3,823.52 crore and a net profit of Rs 378.26 crore, compared to a loss in the previous year. The company's Board approved the incorporation of two wholly-owned subsidiaries, Prozone Dream Realtors Pvt Ltd and Prozone Horizons Pvt Ltd, to expand operations in the construction and real estate sectors. Prozone will invest Rs 1,00,000 in each subsidiary for 10,000 equity shares at Rs 10 per share.
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14Aug 25
Prozone Realty Reports Q1 FY26 Profit; Subsidiary Awaits Aviation Clearance for Nagpur Project
Prozone Realty Limited announced its Q1 FY26 results, reporting a consolidated net profit of Rs. 378.26 crore on revenue of Rs. 3,823.52 crore. The leasing segment performed well with a profit of Rs. 1,700.00 crore, while the outright sales segment incurred a loss of Rs. 213.55 crore. The company's Nagpur residential project faces ongoing aviation clearance issues, with the Bombay High Court ordering fresh aeronautical studies. Additionally, the company is addressing leadership changes following the rejection of its Deputy Managing Director's re-appointment by the Ministry of Corporate Affairs.
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Prozone Realty
50.16
+1.01
(+2.05%)
1 Year Returns:+43.81%
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