Marathon Nextgen Realty Limited — Updates, 13-02-2025: Press Release
Marathon Nextgen Realty Ltd. reported strong results for Q3 FY25, achieving a record Profit After Tax (PAT) margin of 33% and a PAT of ₹49 Cr for the quarter, reflecting solid operational performance driven by effective cost controls and high demand in luxury and mid-segment developments. Total revenues reached ₹150 Cr, with EBITDA at ₹69 Cr and Profit Before Tax (PBT) at ₹53 Cr.
For the nine-month period, the company posted a PAT of ₹136 Cr with a 28% margin on revenues of ₹488 Cr, highlighting sustained growth. Operationally, the area sold amounted to 57,021 sq. ft. in Q3, contributing to a total of 185,627 sq. ft. sold in 9M FY25. Despite a net debt of ₹663 Cr, the company positions itself favorably with a net surplus cash flow of ₹1,296 Cr and a robust pipeline of project launches. With continued progress on construction and the recent receipt of occupancy certificates, the outlook remains positive for both growth and project delivery. Investors should watch closely for upcoming initiatives and strategic expansions.
