Appointment of Internal Auditor and Cost Auditor for FY 2026-27
MARATHON · price
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Marathon Nextgen Realty Ltd reported strong FY2026 results with standalone revenue of ₹24,194.22 lakh (up 37% YoY) and net profit of ₹17,156.09 lakh (up 59% YoY). Consolidated revenue stood at ₹58,013.53 lakh with net profit of ₹20,635.83 lakh. The Board recommended a final dividend of 20% (₹1 per share of ₹5 face value). Statutory auditors Rajendra & Co. issued an unmodified opinion on the audited results. The Board reappointed Manish Shukla & Associates as Cost Auditor and Moore Singhi Advisors LLP as Internal Auditor for FY 2026-27. An exceptional item of ₹77.93 lakh (standalone) and ₹226.87 lakh (consolidated) was recognized for one-time employee benefit provision due to new labour code rules. Related party transactions with Marathon Realty Private Limited for the FutureX commercial project were disclosed.
Strong financial performance with revenue and profit growth signals positive momentum. The unmodified audit opinion and reappointment of auditors without any changes provides confidence in financial reporting quality. The upcoming AGM and dividend approval are routine matters.