Keystone Realtors Sales Surge 40% in Q3: Rs 863 Cr Bookings
By Rediff Money Desk, Mumbai Jan 09, 2025 14:20
Keystone Realtors, known for its Rustomjee brand, reported a 40% jump in sales bookings to Rs 863 crore in Q3 FY24, driven by strong housing demand. The company's pre-sales reached Rs 2,174 crore in the first nine months of the fiscal.

Illustration: Uttam Ghosh/Rediff.com
Mumbai, Jan 9 (PTI) Keystone Realtors Ltd on Thursday reported a 40 per cent growth in sale bookings to Rs 863 crore in the December quarter on robust housing demand.
Keystone Realtors markets its properties under Rustomjee brand.
In a regulatory filing, the company informed that its pre-sales or sale bookings stood at Rs 863 crore during the third quarter of this fiscal from Rs 616 crore in the corresponding period of the preceding year.
During the April-December period of this fiscal, the pre-sales increased to Rs 2,174 crore against Rs 1,423 crore in the year-ago period.
"In the third quarter of 2024-25, we saw impressive growth across key business indicators," Boman Irani, Chairman and Managing Director of Keystone Realtors, said.
He said the company has almost achieved the pre-sales of 2023-24 in just 3 quarters of this fiscal, "putting us in a strong position to achieve the full year pre-sales guidance given by us".
Irani expressed confidence that the company is well-positioned to not only secure new projects but also execute them efficiently.
"The redevelopment opportunities in Mumbai are significant, and as the leading player in this space, we are strategically poised to leverage the current momentum. With a strong balance sheet, we are fully capitalised and prepared to seize these opportunities," he said.
Keystone Realtors markets its properties under Rustomjee brand.
In a regulatory filing, the company informed that its pre-sales or sale bookings stood at Rs 863 crore during the third quarter of this fiscal from Rs 616 crore in the corresponding period of the preceding year.
During the April-December period of this fiscal, the pre-sales increased to Rs 2,174 crore against Rs 1,423 crore in the year-ago period.
"In the third quarter of 2024-25, we saw impressive growth across key business indicators," Boman Irani, Chairman and Managing Director of Keystone Realtors, said.
He said the company has almost achieved the pre-sales of 2023-24 in just 3 quarters of this fiscal, "putting us in a strong position to achieve the full year pre-sales guidance given by us".
Irani expressed confidence that the company is well-positioned to not only secure new projects but also execute them efficiently.
"The redevelopment opportunities in Mumbai are significant, and as the leading player in this space, we are strategically poised to leverage the current momentum. With a strong balance sheet, we are fully capitalised and prepared to seize these opportunities," he said.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.41 ( -4.65)
- 67528712
- Quadrant Televenture
- 0.48 ( -4.00)
- 25331824
- GTL Infrastructure
- 1.73 ( 0.00)
- 22518929
- Srestha Finvest
- 0.64 ( -3.03)
- 20152471
- Murae Organisor
- 1.94 ( 0.00)
- 14675141
MORE NEWS
MP's Investment Potential: CM Pitches at...
Madhya Pradesh CM Mohan Yadav highlights the state's investment potential at a...

Samsung Galaxy F06 5G: Sub-Rs 10,000 5G...
Samsung launches its most affordable 5G smartphone, Galaxy F06 5G, priced under Rs...

Bhushan Kumar Sinha Appointed IBBI Whole Time...
Bhushan Kumar Sinha, a 1993 batch IES officer with extensive experience in banking,...