| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 129 | 117 | +10.4% |
| EBITDA | 45.1 | 42.0 | +7.3% |
| EBITDA margin | 35.0% | 36.0% | −1.0 pts |
| Profit before tax | 59.7 | 77.8 | −23.2% |
| Net profit | 45.2 | 66.5 | −32.1% |
| EPS | ₹6.70 | ₹9.80 | −31.6% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Q2 FY24Sep 2023 | Earlier quartersAlpha Plus |
|---|
| 129 | 198 | 114 | 125 | 117 | 141 | 123 | 156 | 162 | 155 | 210 | 129 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 15.7 | 19.5 | 38.3 | 15.9 | 38.2 | 50.1 | 26.2 | 19.7 | 10.8 | 11.0 | 10.1 | 10.5 | ||
| 145 | 217 | 152 | 141 | 155 | 191 | 150 | 176 | 173 | 166 | 220 | 139 | ||
Expenses | |||||||||||||
| 99.1 | 75.6 | 93.5 | 42.6 | 76.8 | 0.0 | 92.6 | 69.5 | 0.0 | 123 | 0.0 | 0.0 | ||
| −32.4 | 63.6 | −19.9 | 43.6 | −17.0 | −6.8 | −18.5 | 21.9 | 1.1 | −30.6 | 22.5 | 1.3 | ||
| 7.8 | 6.0 | 4.2 | 6.3 | 6.6 | 5.9 | 4.4 | 4.7 | 4.1 | 4.1 | 4.3 | 3.7 | ||
| 0.7 | 0.7 | 0.3 | 0.1 | 2.1 | 12.1 | 8.7 | 12.9 | 18.9 | 13.8 | 28.8 | 23.4 | ||
| 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.7 | 0.7 | 0.8 | 0.7 | 0.8 | 0.8 | ||
| 9.4 | 5.8 | 10.8 | 7.4 | 8.5 | 111 | 8.4 | 7.5 | 104 | 12.1 | 107 | 75.7 | ||
| 85.0 | 152 | 89.3 | 100 | 77.3 | 122 | 96.3 | 117 | 129 | 123 | 164 | 105 | ||
| 45.1 | 46.5 | 24.9 | 25.0 | 42.0 | 30.9 | 36.4 | 52.7 | 52.9 | 47.2 | 76.3 | 48.3 | ||
| 44.7 | 46.1 | 24.5 | 24.7 | 41.6 | 30.4 | 35.8 | 52.0 | 52.2 | 46.5 | 75.5 | 47.5 | ||
Profit | |||||||||||||
| 59.7 | 64.9 | 62.5 | 40.4 | 77.8 | 68.4 | 53.3 | 58.8 | 44.1 | 43.7 | 56.8 | 34.6 | ||
| 0.0 | 0.0 | 0.0 | −2.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 59.7 | 64.9 | 62.5 | 38.2 | 77.8 | 68.4 | 53.3 | 58.8 | 44.1 | 43.7 | 56.8 | 34.6 | ||
| 15.7 | 15.7 | 16.6 | 12.5 | 13.6 | 15.3 | 10.9 | 9.7 | 9.6 | 13.3 | 16.6 | 7.8 | ||
| 2.4 | 0.2 | 1.6 | −2.0 | 0.4 | 0.5 | 0.1 | −0.4 | 1.7 | −1.1 | −1.2 | −0.3 | ||
| 18.1 | 15.8 | 18.2 | 10.5 | 14.0 | 15.9 | 11.0 | 9.3 | 11.3 | 12.2 | 15.4 | 7.5 | ||
| 3.5 | 3.3 | 1.2 | 5.0 | 2.8 | 9.0 | 6.7 | 0.0 | 5.1 | 9.0 | 9.4 | 7.4 | ||
| 45.2 | 52.4 | 45.5 | 32.7 | 66.5 | 61.6 | 49.0 | 49.5 | 37.8 | 40.4 | 50.8 | 34.5 | ||
| 41.7 | 49.1 | 44.3 | 27.7 | 63.7 | 52.6 | 42.3 | 49.5 | 32.7 | 31.4 | 41.3 | 27.1 | ||
| −0.0 | −0.0 | −0.0 | −0.4 | −0.0 | −0.0 | −0.1 | −0.0 | −0.0 | 0.1 | −0.0 | −0.0 | ||
| 45.2 | 52.4 | 45.5 | 32.3 | 66.5 | 61.5 | 49.0 | 49.5 | 37.8 | 40.6 | 50.7 | 34.5 | ||
| 43.9 | 50.2 | 44.7 | 32.3 | 66.0 | 59.9 | 47.9 | — | 36.9 | 39.8 | 50.1 | 34.3 | ||
| 1.3 | 2.2 | 0.8 | 0.4 | 0.5 | 1.7 | 1.2 | — | 0.8 | 0.6 | 0.6 | 0.2 | ||
Per share | |||||||||||||
| ₹6.70 | ₹7.78 | ₹6.75 | ₹4.85 | ₹9.80 | ₹11.69 | ₹9.58 | ₹9.46 | ₹7.22 | ₹7.78 | ₹10.22 | ₹7.32 | ||
| ₹6.70 | ₹7.77 | ₹6.75 | ₹4.85 | ₹9.79 | ₹11.69 | ₹9.57 | ₹9.45 | ₹7.21 | ₹7.77 | ₹10.21 | ₹6.91 | ||
Other comprehensive income — detail | |||||||||||||
| −0.0 | −0.0 | −0.0 | −0.4 | −0.0 | −0.0 | — | — | — | — | — | — | ||
| −0.0 | — | — | — | — | — | — | — | −0.0 | 0.2 | — | — | ||
| −0.0 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | — | — | — | — | — | — | ||
| — | — | — | — | — | — | 0.1 | 0.0 | −0.0 | 0.0 | 0.1 | 0.1 | ||
| 0.0 | −0.0 | −0.0 | −0.1 | −0.0 | −0.0 | — | — | — | — | — | — | ||
| — | — | — | — | — | — | −0.0 | −0.0 | 0.0 | 0.0 | −0.0 | −0.0 | ||
| 43.9 | — | 44.7 | 32.0 | 66.0 | 59.8 | 47.8 | 48.4 | 36.9 | 40.0 | 50.1 | 34.2 | ||
| 1.3 | — | 0.8 | 0.4 | 0.5 | 1.7 | 1.2 | 1.0 | 0.8 | 0.6 | 0.6 | 0.2 | ||
Per share — as-filed variants | |||||||||||||
| ₹6.70 | ₹7.78 | ₹6.75 | ₹4.85 | ₹9.80 | ₹11.69 | ₹9.58 | ₹9.46 | ₹7.22 | ₹7.78 | ₹10.22 | ₹7.32 | ||
| ₹6.70 | ₹7.77 | ₹6.75 | ₹4.85 | ₹9.79 | ₹11.69 | ₹9.57 | ₹9.45 | ₹7.21 | ₹7.77 | ₹10.21 | ₹6.91 | ||
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||||||||||
| 62.3 | 58.3 | 39.9 | 38.7 | 57.1 | — | 49.3 | 64.8 | — | 63.3 | — | — | ||
| 48.3% | 29.5% | 35.1% | 31.0% | 48.9% | — | 39.9% | 41.5% | — | 40.8% | — | — | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 59.7 | 64.9 | 62.5 | 40.4 | 77.8 | 68.4 | 53.3 | 58.8 | 44.1 | 43.7 | 56.8 | 34.6 | ||
| 0.0 | 0.0 | 0.0 | −2.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 45.2 | 52.4 | 45.5 | 34.4 | 66.5 | 61.6 | 49.0 | 49.5 | 37.8 | 40.4 | 50.8 | 34.5 | ||
| ₹6.70 | ₹7.78 | ₹6.75 | ₹5.09 | ₹9.80 | ₹11.69 | ₹9.58 | ₹9.46 | ₹7.22 | ₹7.78 | ₹10.22 | ₹7.32 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q2 FY24 30/09/2023 | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 129.0 | 210.4 | 155.4 | 162.2 | 156.2 | 123.4 | 140.8 | 116.9 | 124.9 | 113.5 | 197.5 | 129.0 | |
| Other Income | 10.5 | 10.1 | 11.0 | 10.8 | 19.7 | 26.2 | 50.1 | 38.2 | 15.9 | 38.3 | 19.5 | 15.7 | |
| Total Income | 139.5 | 220.5 | 166.4 | 173.1 | 176.0 | 149.6 | 190.9 | 155.1 | 140.8 | 151.8 | 217.0 | 144.7 | |
| Expenses | |||||||||||||
| + Cost of Materials Consumed | 0.0 | 0.0 | 122.6 | 0.0 | 69.5 | 92.6 | 0.0 | 76.8 | 42.6 | 93.5 | 75.6 | 99.1 | |
| + Changes in Inventories | 1.3 | 22.5 | -30.6 | 1.1 | 21.9 | -18.5 | -6.8 | -17.0 | 43.6 | -19.9 | 63.6 | -32.4 | |
| + Employee Benefit Expense | 3.7 | 4.3 | 4.1 | 4.1 | 4.7 | 4.4 | 5.9 | 6.6 | 6.3 | 4.2 | 6.0 | 7.8 | |
| + Finance Costs | 23.4 | 28.8 | 13.8 | 18.9 | 12.9 | 8.7 | 12.1 | 2.1 | 0.1 | 0.3 | 0.7 | 0.7 | |
| + Depreciation & Amortisation | 0.8 | 0.8 | 0.7 | 0.8 | 0.7 | 0.7 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | |
| + Other Expenses | 75.7 | 107.3 | 12.1 | 104.1 | 7.5 | 8.4 | 110.8 | 8.5 | 7.4 | 10.8 | 5.8 | 9.4 | |
| Total Expenses | 104.9 | 163.7 | 122.7 | 129.0 | 117.2 | 96.3 | 122.5 | 77.3 | 100.3 | 89.3 | 152.1 | 85.0 | |
| EBITDA | 48.3 | 76.3 | 47.2 | 52.9 | 52.7 | 36.4 | 30.9 | 42.0 | 25.0 | 24.9 | 46.5 | 45.1 | |
| EBIT | 47.5 | 75.5 | 46.5 | 52.2 | 52.0 | 35.8 | 30.4 | 41.6 | 24.7 | 24.5 | 46.1 | 44.7 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 34.6 | 56.8 | 43.7 | 44.1 | 58.8 | 53.3 | 68.4 | 77.8 | 40.4 | 62.5 | 64.9 | 59.7 | |
| + Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -2.3 | 0.0 | 0.0 | 0.0 | |
| Pretax Income | 34.6 | 56.8 | 43.7 | 44.1 | 58.8 | 53.3 | 68.4 | 77.8 | 38.2 | 62.5 | 64.9 | 59.7 | |
| + Current Tax | 7.8 | 16.6 | 13.3 | 9.6 | 9.7 | 10.9 | 15.3 | 13.6 | 12.5 | 16.6 | 15.7 | 15.7 | |
| + Deferred Tax | -0.3 | -1.2 | -1.1 | 1.7 | -0.4 | 0.1 | 0.5 | 0.4 | -2.0 | 1.6 | 0.2 | 2.4 | |
| Tax Expense | 7.5 | 15.4 | 12.2 | 11.3 | 9.3 | 11.0 | 15.9 | 14.0 | 10.5 | 18.2 | 15.8 | 18.1 | |
| + Share of Associates & JVs | 7.4 | 9.4 | 9.0 | 5.1 | 0.0 | 6.7 | 9.0 | 2.8 | 5.0 | 1.2 | 3.3 | 3.5 | |
| Net Income | 34.5 | 50.8 | 40.4 | 37.8 | 49.5 | 49.0 | 61.6 | 66.5 | 32.7 | 45.5 | 52.4 | 45.2 | |
| + Net Income — Continuing Ops | 27.1 | 41.3 | 31.4 | 32.7 | 49.5 | 42.3 | 52.6 | 63.7 | 27.7 | 44.3 | 49.1 | 41.7 | |
| + Other Comprehensive Income | -0.0 | -0.0 | 0.1 | -0.0 | -0.0 | -0.1 | -0.0 | -0.0 | -0.4 | -0.0 | -0.0 | -0.0 | |
| Total Comprehensive Income | 34.5 | 50.7 | 40.6 | 37.8 | 49.5 | 49.0 | 61.5 | 66.5 | 32.3 | 45.5 | 52.4 | 45.2 | |
| Net Income to Common | 34.3 | 50.1 | 39.8 | 36.9 | — | 47.9 | 59.9 | 66.0 | 32.3 | 44.7 | 50.2 | 43.9 | |
| Minority Interest | 0.2 | 0.6 | 0.6 | 0.8 | — | 1.2 | 1.7 | 0.5 | 0.4 | 0.8 | 2.2 | 1.3 | |
| Per Share | |||||||||||||
| Basic EPS | 7.32 | 10.22 | 7.78 | 7.22 | 9.46 | 9.58 | 11.69 | 9.80 | 4.85 | 6.75 | 7.78 | 6.70 | |
| Diluted EPS | 6.91 | 10.21 | 7.77 | 7.21 | 9.45 | 9.57 | 11.69 | 9.79 | 4.85 | 6.75 | 7.77 | 6.70 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | — | -0.0 | -0.0 | -0.4 | -0.0 | -0.0 | -0.0 | |
| + Items NOT to be Reclassified to P&L | — | — | 0.2 | -0.0 | — | — | — | — | — | — | — | -0.0 | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | — | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | -0.0 | |
| + Tax on Items NOT to be Reclassified — alt tag | 0.1 | 0.1 | 0.0 | -0.0 | 0.0 | 0.1 | — | — | — | — | — | — | |
| + Tax on Items to be Reclassified | — | — | — | — | — | — | -0.0 | -0.0 | -0.1 | -0.0 | -0.0 | 0.0 | |
| + Tax on Items to be Reclassified — alt tag | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | -0.0 | — | — | — | — | — | — | |
| Comprehensive Income — Owners of Parent | 34.2 | 50.1 | 40.0 | 36.9 | 48.4 | 47.8 | 59.8 | 66.0 | 32.0 | 44.7 | — | 43.9 | |
| Comprehensive Income — Non-controlling Interests | 0.2 | 0.6 | 0.6 | 0.8 | 1.0 | 1.2 | 1.7 | 0.5 | 0.4 | 0.8 | — | 1.3 | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 7.32 | 10.22 | 7.78 | 7.22 | 9.46 | 9.58 | 11.69 | 9.80 | 4.85 | 6.75 | 7.78 | 6.70 | |
| Diluted EPS — Continuing Operations | 6.91 | 10.21 | 7.77 | 7.21 | 9.45 | 9.57 | 11.69 | 9.79 | 4.85 | 6.75 | 7.77 | 6.70 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||||||||
| Gross Profit | — | — | 63.3 | — | 64.8 | 49.3 | — | 57.1 | 38.7 | 39.9 | 58.3 | 62.3 | |
| Gross Margin % | — | — | 40.75 | — | 41.50 | 39.94 | — | 48.87 | 30.99 | 35.13 | 29.52 | 48.28 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 34.6 | 56.8 | 43.7 | 44.1 | 58.8 | 53.3 | 68.4 | 77.8 | 40.4 | 62.5 | 64.9 | 59.7 | |
| − Exceptional Items (reconciliation) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -2.3 | 0.0 | 0.0 | 0.0 | |
| Net Income Adj (tax-effected) | 34.5 | 50.8 | 40.4 | 37.8 | 49.5 | 49.0 | 61.6 | 66.5 | 34.4 | 45.5 | 52.4 | 45.2 | |
| EPS Adj | 7.32 | 10.22 | 7.78 | 7.22 | 9.46 | 9.58 | 11.69 | 9.80 | 5.09 | 6.75 | 7.78 | 6.70 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | |
| Paid Up Equity Capital | 23.5 | 25.6 | 25.6 | 25.6 | 25.6 | 25.6 | 25.6 | 33.7 | 33.7 | 33.7 | 33.7 | 33.7 | |
Marathon Nextgen Realty (NSE: MARATHON) reported its Q2 FY27 results (July–September 2026). Consolidated net profit attributable to shareholders was ₹43.9 crore, down 33.5% from ₹66 crore in Q2 FY26 and down 12.5% from ₹50.2 crore in Q1 FY27. Revenue from operations was ₹129 crore, up 10.4% year on year and down 34.7% from the previous quarter.
Consolidated net profit attributable to shareholders was ₹43.9 crore, down 33.5% from ₹66 crore in Q2 FY26 and down 12.5% from ₹50.2 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹45.2 crore.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹44.7 crore, a margin of 34.7%, against 23.4% in Q1 FY27 and 35.6% in Q2 FY26. EBITDA was ₹45.1 crore, 35.0% of revenue.
Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹94.2 crore, down 25.2% from ₹126 crore in the same months a year earlier. Revenue from operations was ₹326 crore, up 26.7%.
Revenue from operations was ₹129 crore, up 10.4% year on year and down 34.7% from the previous quarter.
Basic earnings per share were ₹6.70, against ₹9.80 in Q2 FY26.
Consolidated net profit attributable to shareholders was ₹203 crore in FY26 (April 2025–March 2026). It was ₹166 crore in FY24 and ₹124 crore in FY23: up 64.1% over three years, 17.9% a year on average.
Revenue grew from a year earlier while net profit fell: revenue was up 10.4% at ₹129 crore, and net profit was down 33.5% at ₹43.9 crore. The operating margin was 34.7%, down 1.0 percentage points from 35.6% a year earlier. Against Q1 FY27, net profit was down 12.5% and revenue down 34.7%.
Marathon Nextgen Realty's net profit margin was 34.1% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 56.5% in Q2 FY26 (down 22.5 percentage points). For FY26 as a whole it was 40.9%.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
Net profit attributable to shareholders by quarter: ₹32.3 crore in Q3 FY26, ₹44.7 crore in Q4 FY26, ₹50.2 crore in Q1 FY27 and ₹43.9 crore in Q2 FY27. That is ₹171 crore over the four quarters. Revenue from operations: ₹125 crore, ₹114 crore, ₹198 crore and ₹129 crore.
Revenue from operations was ₹496 crore in FY26 (April 2025–March 2026). It was ₹705 crore in FY24 and ₹717 crore in FY23: down 30.8% over three years, an average fall of 11.5% a year.
From Marathon Nextgen Realty's own consolidated results filings to NSE, in ₹ crore as filed. Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.