Marathon Nextgen Realty net profit declines 63.84% in the March 2014 quarter

Sales decline 99.80% to Rs 0.01 crore

Net profit of Marathon Nextgen Realty declined 63.84% to Rs 6.23 crore in the quarter ended March 2014 as against Rs 17.23 crore during the previous quarter ended March 2013. Sales declined 99.80% to Rs 0.01 crore in the quarter ended March 2014 as against Rs 4.99 crore during the previous quarter ended March 2013.

For the full year,net profit declined 26.83% to Rs 36.49 crore in the year ended March 2014 as against Rs 49.87 crore during the previous year ended March 2013. Sales declined 35.82% to Rs 29.56 crore in the year ended March 2014 as against Rs 46.06 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales0.014.99 -100 29.5646.06 -36 OPM %-17200.00-25.65 -17.8325.79 - PBDT8.668.32 4 47.2647.96 -1 PBT8.638.28 4 47.1247.69 -1 NP6.2317.23 -64 36.4949.87 -27

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