Marathon Nextgen Realty has reported results for fourth quarter and year ended March 31, 2012.
On the standalone basis, the company has posted a fall of 61.91% in its net profit at Rs 7.08 crore for the quarter ended March 31, 2012 as compared to Rs 18.59 crore for the same quarter in the previous year. Total income has decreased by 77.24% at Rs 5.18 crore for quarter under review as compared to Rs 22.76 crore for the quarter ended March 31, 2011
For the full year ended March 31, 2012 the company has posted a fall of 19.24% in its net profit at Rs 71.02 crore as compared to Rs 87.94 crore for the same period in the previous year. Total income has decreased by 15.71% at Rs 81.91 crore for year under review as compared to Rs 97.18 crore for the period ended March 31, 2011