Appointment of Internal Auditor and Cost Auditor for FY 2026-27
MARATHON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Marathon Nextgen Realty Ltd's Board meeting on May 27, 2026 approved several items. The company reported strong standalone FY2026 results with revenue from operations of Rs 24,194.22 lakhs (up 36.9% from Rs 17,678 lakhs) and standalone PAT of Rs 18,953.81 lakhs (up 39.6% from Rs 13,576 lakhs). Consolidated revenue declined 14.5% to Rs 49,611.56 lakhs, though PAT grew 8.8% to Rs 20,295.63 lakhs. The Board recommended a final dividend of 20% (Rs 1 per share of Rs 5 face value). Statutory auditors issued unmodified opinions on both standalone and consolidated financial results. The company re-appointed M/s Manish Shukla & Associates as Cost Auditor and M/s Moore Singhi Advisors LLP as Internal Auditor for FY 2026-27. A Composite Scheme of Amalgamation is pending NCLT approval.
Strong standalone profit growth (40% PAT increase) and an unmodified audit opinion are positive signals for shareholders. The 20% dividend and continued auditor appointments indicate stable governance. The QIP proceeds and ongoing amalgamation scheme suggest active capital allocation.