Marathon Nextgen Realty standalone net profit declines 47.04% in the March 2017 quarter

Image
Capital Market
Last Updated : May 29 2017 | 4:01 PM IST

Sales decline 49.43% to Rs 53.82 crore

Net profit of Marathon Nextgen Realty declined 47.04% to Rs 21.53 crore in the quarter ended March 2017 as against Rs 40.65 crore during the previous quarter ended March 2016. Sales declined 49.43% to Rs 53.82 crore in the quarter ended March 2017 as against Rs 106.43 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1.13% to Rs 87.96 crore in the year ended March 2017 as against Rs 86.98 crore during the previous year ended March 2016. Sales declined 2.10% to Rs 193.14 crore in the year ended March 2017 as against Rs 197.28 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales53.82106.43 -49 193.14197.28 -2 OPM %25.9233.83 -29.4330.56 - PBDT27.4348.49 -43 111.97111.06 1 PBT27.3948.42 -43 111.82110.77 1 NP21.5340.65 -47 87.9686.98 1

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 29 2017 | 3:44 PM IST

Next Story