Marathon Nextgen Realty Limited — Important, 21-05-2025: General Updates

Marathon Nextgen Realty has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue rose to ₹580.14 Cr with net profit at ₹190.53 Cr, up from ₹468.06 Cr and ₹168.78 Cr respectively last year. Property development expenses increased to ₹390.84 Cr. Standalone net debt dropped sharply from ₹323 Cr to ₹176.98 Cr. A final dividend of 20% was approved. Key management appointments were made, and revised share swap ratios for a pending merger were approved.