Board approves dividend of Re. 1 per share subject to shareholders approval
MARATHON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 4.7 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Marathon Nextgen Realty Ltd approved the audited standalone and consolidated financial results for FY ended March 31, 2026. Standalone net profit grew 59% to Rs. 17,156.09 Lakhs from Rs. 10,769.47 Lakhs. Consolidated net profit increased 8% to Rs. 20,635.83 Lakhs. The Board recommended a final dividend of Rs. 1 per equity share (20% on face value of Rs. 5), subject to shareholder approval at the 49th AGM. The company also re-appointed its Cost Auditor (Manish Shukla & Associates) and Internal Auditor (Moore Singhi Advisors LLP) for FY 2026-27. Unmodified audit opinions were issued on both standalone and consolidated results.
The dividend declaration signals financial strength and reflects the company's robust profit growth. However, the quantum (Rs. 1 per share) is modest, and without current stock price data, the yield cannot be assessed. Shareholders should monitor the AGM date for the record date to claim the dividend.