ALPHA TRIBE

Marathon Nextgen Realty LimitedImportant, 11-08-2025: Updates

11-08-2025 | 08:40 pm

Marathon Nextgen Realty's board approved strong Q1 financial results. Consolidated net profit jumped to ₹61.57 Cr, up from ₹37.80 Cr year-on-year, with EPS reaching ₹11.69. The company successfully completed its Qualified Institutional Placement (QIP), raising ₹899.99 Cr. This QIP led to amendments in the Composite Scheme of Amalgamation, though the total shares to be issued under the scheme remain unchanged. Post-QIP, public shareholding has increased significantly, reflecting a broader investor base. The 48th Annual General Meeting has been scheduled.

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