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Keystone Realtors Ltd News

Keystone Realtors surges 6% on steady pre-sales growth in Q1; details here

Shares of Keystone Realtors surged up to 5.9 per cent at Rs 710.10 per share on the BSE in Tuesday's intraday trade

Keystone Realtors surges 6% on steady pre-sales growth in Q1; details here
Updated On : 09 Jul 2024 | 2:06 PM IST

Keystone Realtors sales up 41% to Rs 2,266 cr on strong housing demand

Keystone Realtors Ltd, which sells properties under 'Rustomjee brand', on Monday reported a 41 per cent growth in sales bookings to Rs 2,266 crore driven by strong housing demand. Its sales bookings stood at Rs 1,604 crore in the 2022-23 fiscal year. The Mumbai-based company sold 1.21 million square feet area last fiscal, up 17 per cent from 1.04 million square feet in the preceding year, according to a regulatory filing. During the fourth quarter of 2023-24, the sales bookings surged by 78 per cent to Rs 843 crore from Rs 473 crore in the year-ago period. It sold 0.38 million square feet area in the January-March quarter, as against 0.28 million square feet in the corresponding period of the last year. "The fiscal year FY24 has proven to be an eventful period for our company, marked by notable achievements across all key performance metrics including pre-sales, collections, launches, and new project additions," said Boman Irani, CMD of Keystone Realtors. He said the company's ..

Keystone Realtors sales up 41% to Rs 2,266 cr on strong housing demand
Updated On : 08 Apr 2024 | 11:24 AM IST

Keystone Realtors Q3 results: Net profit jumps 5-fold to Rs 30 crore

Keystone Realtors on Tuesday reported a five-fold jump in consolidated net profit at Rs 29.88 crore for the quarter ended December 2023 on higher income. Its net profit stood at Rs 5.82 crore in the year-ago period. Mumbai-based Keystone Realtors, which markets its properties under 'Rustomjee' brand, posted a significant growth in total income at Rs 533.33 crore during October-December FY24 as against Rs 135.55 crore in the year-ago period, according to a regulatory filing. Commenting on the performance, Boman Irani, Chairman and Managing Director, Keystone Realtors, said, "For Q3 of FY24, the company has demonstrated good progress in terms of pre-sales, new project additions and new launches. "In Q3 FY24, Rustomjee Group delivered a remarkable performance, achieving a substantial increase in pre-sales, which rose to Rs 6.16 billion (Rs 616 crore), showcasing a remarkable 101 per cent quarter-on-quarter (QoQ) increase. Looking ahead, we estimate a sustained growth trajectory in ...

Keystone Realtors Q3 results: Net profit jumps 5-fold to Rs 30 crore
Updated On : 30 Jan 2024 | 3:37 PM IST