Marathon Nextgen Realty reports 35% jump in Q2 profit, maintains debt-free status
Marathon Nextgen Realty Ltd reported a profit after tax of ₹67 crore for the second quarter ended September 30, 2025, marking a 35 per cent year-on-year increase and the company’s highest-ever Q2 performance. The Mumbai-based real estate developer achieved a PAT margin of 43 per cent despite total revenues declining 6 per cent to ₹155 crore.
The company’s EBITDA grew 29 per cent year-on-year to ₹80 crore, while profit before tax surged 60 per cent to ₹78 crore. For the first half of FY26, PAT stood at ₹128 crore, up 47 per cent from the previous year.
On the operational front, Marathon reported booking value of ₹166 crore in Q2, a 29 per cent increase year-on-year, with area sold rising 18 per cent to 65,845 square feet. Collections for the quarter reached ₹191 crore, up 5 per cent from last year. The company maintained its debt-free balance sheet with a positive net cash position.
Chairman and Managing Director Chetan Shah highlighted key project milestones, including the Occupation Certificate for NeoSquare and partial OC for Monte South Tower B. He attributed the strong performance to execution focus, operational efficiency, and financial discipline.
Founded in 1969, Marathon Group has completed over 100 projects in Mumbai and currently has ongoing developments in Lower Parel, Byculla, and Mulund, with land banks in Bhandup, Thane, Dombivli, and Panvel.
The shares of Marathon Nextgen Realty Ltd ended on the NSE today at ₹584.25 up by ₹2.40 or 0.41 per cent.
Published on November 12, 2025