Marathon Nextgen Realty Limited has informed the Exchange about Appointment of Internal Auditor and Cost Auditor for FY 2026-27
MARATHON · price
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Marathon Nextgen Realty Limited announced Q4 and FY 2026 results with strong financial performance. Standalone revenue grew 37% to Rs. 24,194.22 Lakhs while net profit rose 40% to Rs. 18,953.81 Lakhs compared to previous year. Consolidated revenue increased to Rs. 58,013.53 Lakhs with net profit of Rs. 20,635.83 Lakhs. The Board recommended a 20% dividend (Rs. 1 per share of Rs. 5 face value). Statutory auditors issued an unmodified opinion. The company completed a QIP raising Rs. 89,999.93 Lakhs, with Rs. 64,026.82 Lakhs utilized. A Composite Scheme of Amalgamation is pending NCLT approval. 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.
Strong financial growth with 37% revenue increase and 40% PAT growth signals healthy operational performance. The unmodified audit opinion and re-appointment of auditors indicate stable governance. Dividend recommendation reflects positive cash position.