Keystone Realtors’ profit falls 60% to Rs 31 crore in Q4 FY24, ET RealEstate

May 16, 2024
1 min read
Keystone Realtors' profit falls 60% to Rs 31 crore in Q4 FY24, ET RealEstate


110164554

NEW DELHI: Realty firm Keystone Realtors Ltd on Wednesday reported a 60 per cent fall in consolidated net profit to Rs 30.68 crore for the March quarter while its FY24 profit rose 36.92 per cent to Rs 112.21 crore. Its net profit stood at Rs 76.59 crore in the year-ago period.

Total income rose to Rs 826.15 crore in the fourth quarter of the last fiscal from Rs 357.63 crore in the corresponding period of the previous year, according to a regulatory filing.

Total expenditure also jumped to Rs 781.79 crore in the January-March period of last fiscal as against Rs 271.34 crore a year ago.

During the 2023-24 fiscal, the company’s net profit rose to Rs 112.21 crore over Rs 81.95 crore in the preceding year.

Total income grew to Rs 2,275.63 crore in the last fiscal compared to Rs 724.90 crore in the 2022-23 fiscal.

Mumbai-based Keystone Realtors sells its properties under Rustomjee brand.

  • Published On May 16, 2024 at 09:33 AM 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Your email address will not be published.

Brookfield India Real Estate Trust to acquire 50% stake in four Bharti Enterprises assets, ET RealEstate
Previous Story

Brookfield India Real Estate Trust to acquire 50% stake in four Bharti Enterprises assets, ET RealEstate

Signature Global (India) posts net profit of Rs 41.25 crore in Q4 FY24, ET RealEstate
Next Story

Signature Global (India) posts net profit of Rs 41.25 crore in Q4 FY24, ET RealEstate

Latest from Blog