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IRB Infrastructure Developers vs Marathon Nextgen Realty Q3 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

IR

IRB Infrastructure Developers

IRB reported Q3 FY26 consolidated revenue of ₹1,912 crore (down 9% YoY) due to completion of construction projects, but PAT grew 14% YoY to ₹253 crore driven by higher InvIT income and lower interest costs.

MA

Marathon Nextgen Realty

Marathon Nextgen reported its highest-ever 9-month PAT of 161 cr, driven by strong commercial portfolio performance and steady residential contributions.

Result Snapshot

Revenue₹1,871 Cr₹125 Cr
PAT₹211 Cr₹33 Cr
EBITDA Margin55%20%
Sentimentbullishbullish

Key Quotes

We have successfully executed our BC that is build execute stable land and transfer strategy monetizing matured assets through our public.
Anil Yadav · Senior Management
We have delivered a strong performance in 9 months FY26 reporting our highest ever 9 month profit after tax of 161 cr.
Chetan Shah · Chairman and Managing Director