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Marathon Nextgen Realty standalone net profit rises 822.12% in the March 2016 quarter

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Capital Market

Sales decline 99.80% to Rs 0.01 crore

Net profit of Marathon Nextgen Realty rose 822.12% to Rs 31.26 crore in the quarter ended March 2016 as against Rs 3.39 crore during the previous quarter ended March 2015. Sales declined 99.80% to Rs 0.01 crore in the quarter ended March 2016 as against Rs 5.00 crore during the previous quarter ended March 2015.

For the full year,net profit rose 96.28% to Rs 75.39 crore in the year ended March 2016 as against Rs 38.41 crore during the previous year ended March 2015. Sales declined 73.17% to Rs 6.26 crore in the year ended March 2016 as against Rs 23.33 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.015.00 -100 6.2623.33 -73 OPM %-17400.00-76.40 --119.9721.47 - PBDT48.098.20 486 110.6752.82 110 PBT48.028.12 491 110.3852.51 110 NP31.263.39 822 75.3938.41 96

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First Published: May 30 2016 | 5:04 PM IST

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