New Delhi: Marathon Nextgen Realty Ltd., a leading Mumbai-based real estate developer, announced its financial results for the second quarter ended September 30, 2025 (Q2 FY26), reporting its highest-ever quarterly Profit After Tax (PAT) of ₹67 crore, marking a 35% year-on-year growth. The company also achieved a robust PAT margin of 43%, underscoring its operational efficiency and financial discipline.
Commenting on the performance, Chetan Shah, Chairman & Managing Director, stated, “We’ve had a strong quarter with PAT of ₹67 crore, up 35% year-on-year, and EBITDA of ₹80 crore, up 29% year-on-year, driven by our continued focus on execution, efficiency, and financial discipline. It was also a fulfilling quarter on the project front — we received the Occupation Certificate for NeoSquare and part OC for Monte South Tower B, both important milestones that reflect our commitment to timely delivery. We also saw good growth in booking value and continued to maintain healthy collections, ensuring a steady cash-flow position. The MMR market remains resilient, supported by solid end-user demand and improving infrastructure across key locations. With a debt-free balance sheet and visible progress across our projects, we are confident of sustaining this momentum and creating long-term value for all our stakeholders.”
Operational Highlights – Q2 FY26 vs Q2 FY25:
- Area Sold: 65,845 sq. ft., up 18%
- Booking Value: ₹166 crore, up 29%
- Collections: ₹191 crore, up 5%
- Capacity Utilization: Maintained strong execution across residential and commercial projects
H1 FY26 Cumulative Performance:
- Area Sold: 1,43,604 sq. ft., up 12%
- Booking Value: ₹349 crore, up 22%
- Collections: ₹430 crore, up 17%
The company remains net debt-free with a positive cash position, reinforcing its financial strength and ability to self-fund project execution. The receipt of occupation certificates for NeoSquare and Monte South Tower B further validates its delivery track record.
Marathon’s performance this quarter reflects its strategic focus on timely execution, prudent capital management, and leveraging demand in the resilient Mumbai Metropolitan Region (MMR) market. With infrastructure improvements and end-user demand driving momentum, the company is well-positioned to sustain growth and deliver long-term stakeholder value.
