Marathon Nextgen Realty Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting
21-05-2025 | 09:52 pm
21-05-2025 | 09:52 pm
Marathon Nextgen Realty has announced a board meeting on May 30, 2025, to approve the financial results for the quarter and half-year. The company posted a consolidated net profit of ₹190.53 Cr for FY25, up 13% YoY, on revenues of ₹670.40 Cr, signaling healthy growth. A final dividend of 20% (₹1/share) was approved, pending shareholder nod. Key auditor re-appointments and three senior management hires in audit, marketing, and project execution aim to boost governance and operations. The Board also approved a revised share exchange ratio in the merger with Marathon Realty Pvt Ltd.
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