Marathon Nextgen Realty Ltd Q1 FY2024 consolidated net profit surges to Rs. 42.24 crores

Marathon Nextgen Realty Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 219.5001 crores during the period ended June 30, 2023 as compared to Rs. 179.5464 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 42.2481 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 16.2164 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 8.62 for the period ended June 30, 2023 as compared to Rs. 3.33 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 219.5001 crs	₹179.5464 crs	22.25%
Net Profit	₹42.2481 crs	₹16.2164 crs	160.53%
EPS	₹8.62	₹3.33	158.86%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 219.5001 crores during the period ended June 30, 2023 as compared to Rs.107.4772 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.42.2481 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.11.3678 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.8.62 for the period ended June 30, 2023 as compared to Rs.2.41 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 219.5001 crs	₹107.4772 crs	104.23%
Net Profit	₹42.2481 crs	₹11.3678 crs	271.65%
EPS	₹8.62	₹2.41	257.68%

Shares of Marathon Nextgen Realty Limited was last trading in BSE at Rs. 360.70 as compared to the previous close of Rs. 366.55. The total number of shares traded during the day was 296 in over 34 trades.

The stock hit an intraday high of Rs. 369.60 and intraday low of 360.70. The net turnover during the day was Rs. 108244.00.

Source : Equity Bulls

Keywords

MarathonNextgenRealty Q1FY24 ResultUpdate