Marathon Nextgen Realty's Q1 FY 2025-26 Quarterly Results

Result Summary

• Marathon Nextgen Realty Ltd reported a 14.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.3%.
• Its expenses for the quarter were down by 0.2% QoQ and 5.0% YoY.
• The net profit increased 52.3% QoQ and increased 62.9% YoY.
• The earnings per share (EPS) of Marathon Nextgen Realty Ltd stood at 11.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Marathon Nextgen Realty Ltd is a prominent player in the real estate industry, primarily engaged in the development of residential and commercial properties. The company operates within the real estate sector, which is characterized by its cyclical nature and sensitivity to economic conditions. Marathon Nextgen Realty Ltd focuses on delivering high-quality projects that cater to a broad spectrum of customers, ranging from luxury to affordable housing. As of the most recent updates, there are no specific major developments or changes in the company's strategic direction that are publicly known. The company has been consistent in expanding its portfolio and maintaining its reputation within the industry.

Revenue

In the first quarter of FY26, Marathon Nextgen Realty Ltd reported a total income of ₹190.92 crores, marking a significant increase from the previous quarter's ₹166.37 crores. This represents a quarter-over-quarter (QoQ) growth of 14.8%. When compared to the same quarter in the previous year (Q1FY25), where the total income was ₹173.06 crores, there is a year-over-year (YoY) increase of 10.3%. This upward trend in revenue reflects the company's ability to generate higher sales or income streams within the recent quarter.

Profitability

The company's profitability metrics demonstrate a robust performance in the first quarter of FY26. Profit Before Tax (PBT) rose to ₹68.44 crores from ₹43.66 crores in the previous quarter, indicating a substantial QoQ growth of 56.8%. Compared to the same quarter last year, where PBT was ₹44.08 crores, there is a YoY increase of 55.3%. After accounting for taxes, Profit After Tax (PAT) for Q1FY26 stood at ₹61.57 crores, up from ₹40.44 crores in Q4FY25, which translates to a QoQ increase of 52.3%. The YoY growth in PAT is even more pronounced at 62.9%, up from ₹37.80 crores in Q1FY25. This growth in profitability is further highlighted by the Earnings Per Share (EPS), which increased from ₹7.80 in Q4FY25 to ₹11.70 in Q1FY26, marking a 50.0% QoQ rise and a 62.5% increase YoY from ₹7.20 in Q1FY25.

Operating Metrics

The total expenses for Marathon Nextgen Realty Ltd in Q1FY26 were ₹122.48 crores, reflecting a slight decrease from ₹122.71 crores in the preceding quarter and a more notable reduction from ₹128.98 crores in Q1FY25. This represents a QoQ decline of 0.2% and a YoY decrease of 5.0%. The company's ability to manage and reduce expenses while increasing revenue has contributed to its improved financial performance. Additionally, the tax expense for the quarter was ₹15.85 crores, up from ₹12.21 crores in Q4FY25, indicating a 29.8% increase QoQ, and a 39.8% increase YoY from ₹11.34 crores in Q1FY25. These figures reflect the company's taxation obligations as it experiences growth in its taxable income.