Marathon Nextgen Realty Limited Quarterly Earnings Release | Q2 FY25 [Yahoo! Finance]
MARATHON GROUP CORP (PDPR)
Company Research
Source: Yahoo! Finance
estate companies engaged in the development of residential and commercial projects, announces its financial results for the Second Quarter (Q2 FY25) ended September 30th, 2024 Proposed increase in fund raising limit to Rs. 1000 crores Impressive 43% YoY growth in PAT to Rs. 49 crores Commenting on the Company's performance, Mr. Chetan Shah , Chairman & Managing Director, Marathon NextGen Realty Limited, said, "We are pleased to report strong performance in Q2 FY25, marked by a stellar 43% YoY increase in PAT to ?49 crores. This performance reflects robust demand and increased offtake across key projects like Monte South , Millennium, and Futurex. We have also witnessed significant increase in realization rates, driven by strategic pricing and high-quality project offerings. Construction remains in full swing across projects, supporting timely delivery and enhancing customer satisfaction. In addition, we have dramatically reduced our finance costs and are on track with our debt
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