The Board of Marathon Nextgen Realty at its meeting held on 21 June 2024 has approved the appointment of Suyash Bhise as a Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from 21 June 2024. Powered by Capital Market - Live News

The Board of Marathon Nextgen Realty at its meeting held on 21 June 2024 has approved the proposal to raise funds up to Rs 500 crore via issue of securities. The Board also approved increase in authorised share capital from Rs 51.50 crore to Rs 75 crore. Powered by Capital Market - Live News

Marathon Nextgen Realty will hold a meeting of the Board of Directors of the Company on 21 June 2024.Powered by Capital Market - Live News

Marathon Nextgen Realty announced that the Board of Directors of the Company at its meeting held on 27 May 2024, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Marathon Nextgen Realty rose 145.50% to Rs 39.82 crore in the quarter ended March 2024 as against Rs 16.22 crore during the previous quarter ended March 2023. Sales declined 8.82% to Rs 155.42 crore in the quarter ended March 2024 as against Rs 170.45 crore during the previous quarter ended March 2023.For the full year,net profit rose 37.59% to Rs 166.47 crore in the year ended March 2024 as against Rs 120.99 crore during the previous year ended March 2023. Sales declined 1.66% to Rs 704.62 crore in the year ended March 2024 as against Rs 716.53 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales155.42170.45 -9 704.62716.53 -2 OPM %30.3424.20 -33.0533.40 - PBDT44.3422.95 93 183.12159.22 15 PBT43.6622.19 97 180.15156.10 15 NP39.8216.22 145 166.47120.99 38 Powered by Capital Market - Live News