Marathon Nextgen Realty Limited — Updates, 13-08-2025: Press Release
13-08-2025 | 03:44 pm
13-08-2025 | 03:44 pm
Marathon Nextgen Realty reported a strong Q1 FY26, with Profit After Tax (PAT) surging 63% year-on-year to ₹62 crore and revenue reaching ₹191 crore. EBITDA also grew 27% to ₹81 crore. A significant highlight was the successful ₹900 crore Qualified Institutional Placement (QIP). This capital raise enabled the company to repay ₹340 crore debt, making it net cash positive for the first time. ₹160 crore is allocated for accelerating project construction, and ₹300 crore for new asset-light development opportunities. Operational metrics show strong momentum with 77,759 sq. ft. area sold and ₹183 crore in booking value.
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