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Marathon Nextgen Realty shares tank 7% as pre-sales take beating in Q1

Business Standard LogoBusiness Standard1w ago

Marathon Nextgen Realty shares tank 7% as pre-sales take beating in Q1 - Business Standard

Quick Summary:

In comparison, the BSE Sensex fell 0.70 per cent to 79,789 levels.

Quarter-on-quarter, the company saw a revenue decrease of 24.54 per cent.

Net debt as at the end of Q1FY25 stood at Rs.728 crores, which is in line with our objective of reducing debt to a healthy level, the company said in an exchange filing on Tuesday.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 13:19:58 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 340 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21563252

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 233 posts per day

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News Last Updated: 3 hours ago

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Publisher ID: #49

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