Marathon Nextgen Realty Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2025, recommended Final Dividend of 1 per equity share subject to shareholders approval
MARATHON · price
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The Board of Directors met on May 21, 2025 and approved the audited financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion from Rajendra & Co. Consolidated revenue from operations fell to Rs. 58,013.53 lakhs from Rs. 70,461.50 lakhs (down ~17.7%), while consolidated net profit rose to Rs. 19,053.13 lakhs (up ~12.9%) and EPS grew to Rs. 37.21 from Rs. 34.43. Standalone revenue declined ~30% to Rs. 24,194.22 lakhs, though standalone net profit was nearly flat at Rs. 13,576 lakhs. A final dividend of Re. 1.00 per equity share (20% on Rs. 5 face value) was recommended, subject to shareholder approval. The Board also re-appointed Cost and Internal Auditors, appointed a new Secretarial Auditor for 5 years, and amended the share swap ratio in the Composite Scheme of Amalgamation involving Marathon Realty Private Limited.
Profitability improved despite a sharp revenue decline, supported by a Rs. 5,515.75 lakh gain on sale of investment properties and lower finance costs. However, consolidated operating cash flow turned negative at Rs. (2,531.39) lakhs versus Rs. 2,210.14 lakhs last year, which is a red flag for cash generation. The modest 20% dividend and ongoing restructuring of the composite amalgamation scheme could influence short-term stock sentiment.