Keystone Realtors Limited — Important, 09-01-2025: General Updates

Pre-sales for Q3FY25 reached INR 8.63 billion, marking a robust 40% YoY increase from INR 6.16 billion in Q3FY24. On a year-to-date basis, pre-sales total INR 21.74 billion, up 53% from INR 14.23 billion in the prior year. Collections for Q3FY25 stood at INR 5.42 billion, reflecting a 20% YoY growth, while year-to-date collections reached INR 15.79 billion, a slight increase from INR 15.33 billion.

In terms of strategic initiatives, the company added two projects in Q3FY25 with a gross development value (GDV) of INR 9.8 billion, totaling six projects added year-to-date with a GDV of INR 32.97 billion, achieving around 82% of the FY25 guidance. One RERA project was completed during the quarter, enhancing the company’s operational portfolio.

The overall outlook remains positive, with a strong balance sheet and a firm commitment to leverage growth opportunities in the redevelopment segment of Mumbai, positioning the company favorably for future expansions and value creation for stakeholders.