In FY25 the company's pre-sales for stood at ₹3,028 crore as compared to ₹2,266 crore in FY24, showing a growth of 34 per cent
Keystone Realtors Ltd on Tuesday said its consolidated net profit declined by half to Rs 15.07 crore in the quarter ended December 31, 2024. Its net profit stood at Rs 30.22 crore in the year-ago period. Total income also declined to Rs 485.82 crore in the third quarter of this fiscal from Rs 533.33 crore in the corresponding period of the preceding year, according to a regulatory filing. Incorporated in 1995, Keystone Realtors Limited is one of the leading real estate developers in the country. The company has a substantial portfolio of projects spanning the Mumbai Metropolitan Region (MMR), with 36 completed projects, 15 ongoing projects and 26 forthcoming projects that cover all price points from affordable to super premium. So far, the company has delivered over 25 million square feet of construction area, with a pipeline of over 44 million square feet in the works.
Realty firm Keystone Realtors Ltd on Monday reported a multi-fold jump in its consolidated net profit to Rs 65.55 crore in the September 2024 quarter. Its net profit stood at Rs 4.17 crore in the year-ago period. Total income, however, declined to Rs 556.22 crore in the second quarter of this fiscal from Rs 633.33 crore in the corresponding period of the preceding year, according to a regulatory filing. Total expenses also declined to Rs 465.09 crore from Rs 640.83 crore. Boman Irani, Chairman and Managing Director of Keystone Realtors Ltd, said, the company has demonstrated remarkable progress in terms of pre-sales, collections, new project additions and new launches so far this fiscal. "Building on the remarkable momentum from FY24, our pre-sales have soared to Rs 700 crore in Q2 FY25, which is more than doubled on a YoY (year-on-year) basis, a testament to our resilience and strategic vision," he said. Further, he added that the company has witnessed strong demand for its ...