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Marathon Nextgen Realty Ltd Q1FY24; 258% rise in Profits

Marathon Nextgen Realty Ltd was incorporated in 1978. It is primarily engaged in the business of construction, development and sale of commercial and residential real estate projects. The co. is entering into new areas like SEZs, townships, infrastructure development, entertainment and leisure, education, hospitality and the capital markets.

Financial Results:

Marathon Nextgen Realty Ltd reported Revenues for Q1FY24 of ₹210.00 Crores up from ₹98.00 Crore year on year, a rise of 114.29%.

Total Expenses for Q1FY24 of ₹175.00 Crores up from ₹93.00 Crores year on year, a rise of 88.17%.

Consolidated Net Profit of ₹43.00 Crores up 258.33% from ₹12.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.12, up 270.73% from ₹2.46 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: AlphaGraphs Realty
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