Keystone Realtors posts net profit of Rs 65.55 crore in Q2 FY25, ET RealEstate

November 11, 2024
1 min read
Keystone Realtors posts net profit of Rs 65.55 crore in Q2 FY25, ET RealEstate


115189327

NEW DELHI: Keystone Realtors has reported net consolidated profit after tax of Rs 65.55 crore in the quarter ended September 30, 2024. Its profit after tax stood at Rs 4.17 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated total income stood at Rs 556.22 crore in Q2 FY25, a dip of 12.18 per cent from Rs 633.33 crore it reported in the similar quarter last year.

Boman Irani, chairman and managing director of the company said, “We’ve successfully launched three 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 H1 FY25. We also added 3 more new projects contributing additional GDV of Rs 1,333 crore in Q2 FY25.

Pre-sales more than doubled to Rs 7 billion in Q2 FY25. Gross Debt stood at Rs 448 crore and gross debt/equity ratio is 0.17 as on Q2 FY25.

  • Published On Nov 11, 2024 at 01:30 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App
realty barcode



Source link

curationteam

Curation Team will curate content from different sources and present for you. We will not edit any content. Source link is provided for the source from where its received .

Leave a Reply

Your email address will not be published.

Bhutani Infra acquires Logix City Center in Noida for around Rs 1,000 crore, ET RealEstate
Previous Story

Bhutani Infra acquires Logix City Center in Noida for around Rs 1,000 crore, ET RealEstate

Architectural Digest logo
Next Story

A-Frame House: Everything You Need to Know About the Quintessential Vacation Property

Latest from Blog