Marathon NextGen Realty today said it clocked a 251 per cent jump in net profit to Rs 146.69 crore in FY10 against Rs 41.76 crore in the previous year.
Total income rose to Rs 250 crore in FY10 compared to Rs 131 crore in the previous fiscal, a press release issued here said.
The company has announced a dividend of 35 per cent for its shareholders, inclusive of an already paid interim dividend of 15 per cent and a one-time special dividend of Rs 1.50 per share.
The company's board has also recommended the issue of bonus shares in the ratio of one new equity share of Rs 10 each for every two existing shares of Rs 10, the release said.
In Q4 FY10, net profit rose to Rs 47.86 crore from Rs 9.64 crore in the year-ago period. Net sales stood at Rs 75.55 crore in the reporting quarter against Rs 21.34 crore in the corresponding period of the last fiscal, it said.
