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 Q2FY24 of ₹129.00 Crores down from ₹170.00 Crore year on year, a fall of 24.12%.
- Total Expenses for Q2FY24 of ₹105.00 Crores down from ₹166.00 Crores year on year, a fall of 36.75%.
- Consolidated Net Profit of ₹34.00 Crores up 112.5% from ₹16.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹7.29, up 129.97% from ₹3.17 in the same quarter of the previous year.
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