Keystone Realtors Q1 profit down 44 pc to ₹14.51 cr on lower income

New Delhi, August 5 (PTI) Realtly Firm Keystone Realtors Ltd reported a 44 percent decrease in consolidated net profit on Tuesday. La14.51 crore for the quarter ending in June with lower income.

Net wife La25.82 Crore.

Total income fell La288.64 This financial year from April-June LaAccording to a regulatory file, 437.20 Crore in the relevant period of the previous year.

Commenting on the performance of the President and General Manager Boman Irani, the company’s 26 fiscal years stressed that a strong start.

The company said that the highest pre -sales pre -sales pre -sales every three months. LaIn April-June 2025, 1,068 Crore, an increase of 75 percent of the same quarter of the previous year.

Irani said that the total income and profit of the company decreased because the project could not recognize income due to the completion method.

For new projects, the company’s financial performance of the company’s financial performance “a real picture” to reflect the income to recognize the method of completing the method of completion, he said.

“With a healthy balance sheet and a strong activation, we are well equipped to follow the opportunities and create a sustainable value for all stakeholders. We are sure to move this momentum forward and offer a stronger and more consistent growth for a year.” He said.

Keystone Realtors Ltd, which was sold under the Rustomjee brand founded in 1995, is one of the leading real estate companies in the country.

The company has mostly completed 37 projects while building 18 projects in Mumbai Metropolitan region (MMR).

The company delivered a construction area of 26 million square meters with more than 47 million square meters of construction area.