Marathon Nextgen Realty: A Remarkable Q1 FY26 Financial Leap
Marathon Nextgen Realty Ltd. reported a remarkable 63% year-on-year increase in Profit After Tax (PAT), achieving ₹62 crore for Q1 FY26. The company completed a successful ₹900 crore Qualified Institutional Placement, enhancing growth through debt repayment and development investment. This financial success was underpinned by strong operational focus.
- Country:
- India
Marathon Nextgen Realty Ltd., a prominent real estate developer based in Mumbai, demonstrated a strong financial performance in the first quarter of FY26 with a substantial 63% rise in Profit After Tax (PAT), reaching approximately ₹62 crore by June 30, 2025.
The quarter witnessed the completion of a significant ₹900 crore Qualified Institutional Placement (QIP), attracting both domestic and international investor interest, showcasing confidence in Marathon's growth potential.
The utilised proceeds have positioned the company in a net cash positive status for the first time. The developer continues to expand, backed by a strategic land bank and a commitment to timely project delivery for sustained value creation.
(With inputs from agencies.)
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