Marathon Nextgen Realty announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2018.

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Marathon Nextgen Realty will hold a meeting of the Board of Directors of the Company on 2 August 2018, to consider the Un-Audited Financial Results for the 1st Quarter ended June 30, 2018, among other things .

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Net profit of Marathon Nextgen Realty declined 80.17% to Rs 4.27 crore in the quarter ended March 2018 as against Rs 21.53 crore during the previous quarter ended March 2017. Sales declined 75.57% to Rs 13.15 crore in the quarter ended March 2018 as against Rs 53.82 crore during the previous quarter ended March 2017.

For the full year,net profit declined 64.86% to Rs 30.91 crore in the year ended March 2018 as against Rs 87.96 crore during the previous year ended March 2017. Sales declined 93.19% to Rs 13.15 crore in the year ended March 2018 as against Rs 193.14 crore during the previous year ended March 2017.

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Net profit of Marathon Nextgen Realty declined 59.06% to Rs 10.30 crore in the quarter ended December 2017 as against Rs 25.16 crore during the previous quarter ended December 2016. There were no Sales reported in the quarter ended December 2017 as against Rs 53.81 crore during the previous quarter ended December 2016.

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