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Marathon Nextgen Realty standalone net profit declines 17.58% in the March 2020 quarter

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Capital Market

Sales decline 13.82% to Rs 15.97 crore

Net profit of Marathon Nextgen Realty declined 17.58% to Rs 4.64 crore in the quarter ended March 2020 as against Rs 5.63 crore during the previous quarter ended March 2019. Sales declined 13.82% to Rs 15.97 crore in the quarter ended March 2020 as against Rs 18.53 crore during the previous quarter ended March 2019.

For the full year,net profit rose 12.34% to Rs 26.86 crore in the year ended March 2020 as against Rs 23.91 crore during the previous year ended March 2019. Sales rose 0.56% to Rs 81.27 crore in the year ended March 2020 as against Rs 80.82 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales15.9718.53 -14 81.2780.82 1 OPM %75.1480.79 -65.5564.50 - PBDT8.527.84 9 35.8331.54 14 PBT7.247.44 -3 31.2729.74 5 NP4.645.63 -18 26.8623.91 12

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First Published: Jun 30 2020 | 8:43 AM IST

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