Quarterly Result27 May 2026, 10:51 pm
Marathon Nextgen Realty FY26 PAT Hits Record ₹206 Cr
AI Summary
Marathon Nextgen Realty Ltd announced its FY26 financial results, reporting a record PAT of ₹206 crore with a robust margin of 32%. The company experienced strong pre-sales driven by its commercial portfolio, Marathon Futurex, which grew 30% year-on-year. Collections for the year reached ₹781 crore, supported by construction progress across projects like Monte South and Nexzone. The company raised ₹900 crore through a QIP, deploying ₹340 crore towards debt repayment and achieving a net cash position. Marathon also expanded its development footprint by acquiring controlling interests in three real estate entities and a 90% stake in Sunset Spaces Private Limited.
Key Highlights
- Marathon Nextgen Realty's FY26 PAT reached a record ₹206 crore.
- Commercial portfolio, Marathon Futurex, grew 30% year-on-year.
- The company raised ₹900 crore through a QIP, reducing debt by ₹340 crore.
- Acquired controlling stakes in three real estate entities, adding ₹840 crore GDV.
- Acquired a 90% stake in Sunset Spaces Private Limited (SSPL).