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Marathon Nextgen Realty reports 23% rise in sales value during Q3FY24

10 Jan 2024 Evaluate

Marathon Nextgen Realty has reported 23% rise in its sales value during the October-December quarter (Q3FY24) to Rs 370 crore as compared to Rs 300 crore in Q3FY23. The company has sold 2,21,862 Sq. ft during Q3FY24 as compared to 1,78,592 Sq. ft during Q3FY23, reporting 24% rise. However, the collections from customers against sales decreased 8% to Rs 274 crore in Q3FY24 from Rs 298 crore during Q3FY23. This numbers include full value of JV projects.

Marathon Nextgen Realty focuses on residential and commercial segments.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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