Marathon Nextgen Realty Q1 FY27 Revenue ₹217 Cr, PAT ₹52 Cr
Marathon Nextgen Realty Ltd. announced its financial results for the first quarter ended June 30, 2026. The company reported a multi-quarter high revenue of ₹217 Crore and a Profit After Tax (PAT) of ₹52 Crore. The Chairman & Managing Director highlighted profitable growth, disciplined execution, and a net debt-free balance sheet. Key operational achievements include obtaining Occupancy Certificates for Cedar and Daffodil towers at Nexzone, progress on Monte South and Bhandup developments, and the addition of two redevelopment projects in Versova and Sewri with a Gross Development Value (GDV) of ₹900 crore. The company remains focused on timely project execution, capital deployment, and expanding its redevelopment platform.
Key Highlights
- Q1 FY27 revenue reached ₹217 Crore, a multi-quarter high.
- Profit After Tax (PAT) stood strong at ₹52 Crore.
- Company achieved full Occupancy Certificates for two towers at Nexzone.
- Added two redevelopment projects worth ₹900 crore GDV to the pipeline.
- Maintained a net debt-free balance sheet with positive net cash.
Price Impact
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