Realty company Keystone Realtors announced Q3FY25 results Revenue from Operations - Rs 4.64 billion (i.e. Rs 464 crore). EBITDA - Rs 0.63 billion (i.e. Rs 63 crore). PAT - Rs 0.30 billion (i.e. Rs 30 crore). Boman Irani, Chairman and Managing Director, Keystone Realtors, said: “In FY25, the company has demonstrated remarkable progress in terms of Pre-Sales, collections, new project additions and new launches. We are thankful to all our stakeholders for their continued support and trust in us. “I’m pleased to share that we have almost achieved the full-year Pre-Sales for FY24 within the first 9 months of FY25, thanks to a series of strong launches having GDV of Rs 4,057 crore. As we successfully close out the third quarter of FY25, we are right in line with the guidance we provided, and I’m excited to report that our Pre-Sales for Q3FY25 have reached Rs 863 crore, reflecting a 40% YoY growth. This performance is a testament to the resilience of our strategy and the continued momentum we’re experiencing. The fundamentals of our company remain strong, and we are confident in our ability to not only achieve our guidance but to surpass it. In Q3FY25, we also added two new projects, contributing an additional GDV of Rs 980 crore, further reinforcing our growth trajectory. The demand for our products remains robust, and we’re excited about the strong pipeline of upcoming launches for the remainder of FY25. Our asset-light model, with a focus on redevelopment opportunities, particularly in Mumbai, continues to be a key driver of growth. As the most trusted partner in this space, we are strategically positioned to leverage the vast redevelopment potential in the region. With a solid balance sheet and strong capitalization, we are fully equipped to seize opportunities and continue creating sustainable value for all our stakeholders. Together, we are on an exciting journey of growth, and we are determined to maintain our upward trajectory and exceed expectations. Let’s embrace the opportunities ahead and continue to build on our momentum” Result PDF
Realty company Keystone Realtors announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from Operations - Rs 5.33 billion (i.e. Rs 533 crore). EBITDA - Rs 1.04 billion (i.e. Rs 104 crore). PAT - Rs 0.66 billion (i.e. Rs 66 crore) H1FY25 Financial Highlights: Revenue from Operations – Rs 9.55 billion (i.e. Rs 955 crore). EBITDA - Rs 1.62 billion (i.e. Rs 162 crore). PAT - Rs 0.92 billion (i.e. Rs 92 crore) Boman Irani, Chairman and Managing Director, Keystone Realtors, said: “In FY25, the company has demonstrated remarkable progress in terms of Pre-Sales, collections, new project additions and new launches. We are thankful to all our stakeholders for their continued support and trust in us. “As we successfully complete the second quarter of FY25, I am thrilled to share that we are at a pivotal moment for our Company. Building on the remarkable momentum from FY24, our Pre-Sales have soared to Rs 700 crore in Q2FY25, which is more than doubled on YoY basis, a testament to our resilience and strategic vision. We’ve successfully launched 3 more RERA projects this quarter, totaling a GDV of Rs 2,040 crore with cumulative launch of 5 projects having GDV of Rs. 4,057 crore in H1FY25. We also added 3 more new projects contributing additional GDV of Rs 1,333 crore in Q2FY25. We have witnessed strong demand for our product in the past launches and With the festive season approaching, we’re excited about our strong pipeline of launches for the rest of FY25. I am confident that we are well-equipped to not only add new projects but also bring them to life efficiently. Going forward, we will continue to follow asset-light model, with redevelopment serving as a key driver of growth. The redevelopment potential in Mumbai is vast, and as the most preferred partner in this space, we are strategically positioned to capitalize on the current momentum. With a strong balance sheet and robust capitalization, we are fully prepared to seize these opportunities and drive sustainable value creation. Together, we’re on an exciting journey toward substantial growth and value creation for all our stakeholders. Let’s embrace the opportunities ahead and continue this upward trajectory.” Result PDF