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 reported strong standalone FY2026 results with revenue from operations at ₹24,194.22 Lakhs, up 36.9% from ₹17,678 Lakhs in FY2025. Net profit stood at ₹17,156.09 Lakhs, surging ~59% from ₹10,769.47 Lakhs. On a consolidated basis, revenue declined to ₹49,611.56 Lakhs (from ₹58,013.53 Lakhs) but net profit grew to ₹20,635.83 Lakhs (from ₹19,053.13 Lakhs), up ~8.3%. The Board recommended a 20% dividend (₹1 per share of ₹5 face value). Statutory auditors issued an unmodified (clean) opinion. The company also reappointed M/s. Manish Shukla & Associates as Cost Auditor and Moore Singhi Advisors LLP as Internal Auditor for FY2026-27. A Scheme of Amalgamation involving 7 entities has received exchange no-objection certificates and is now pending NCLT approval.
The company delivered robust standalone profit growth of ~59%, and the clean audit opinion reinforces financial credibility. The pending amalgamation may expand the group's asset base, while the QIP proceeds (₹90,000 Lakhs raised) provide funding flexibility.