NEW DELHI: Keystone Realtors has reported a 36.34% decline in its net consolidated profit for the quarter ending June 30, 2025. The profit after tax for Q1 FY26 was ₹16.33 crore, compared to ₹25.65 crore in the same quarter of the previous fiscal year, according to a filing with BSE.
The company’s net consolidated total income was ₹288.64 crore for Q1 FY26, reflecting a 33.98% decrease from ₹437.20 crore in the corresponding quarter last year.
In Q1 FY26, Keystone Realtors achieved a 75% increase in pre-sales, totaling ₹1,068 crore, while collections amounted to ₹575 crore. The company launched three projects with a gross development value (GDV) of ₹3,967 crore, accomplishing 57% of its full-year FY26 target.
Boman Irani, chairman and managing director, stated, “As part of our proactive business development strategy, we introduced three new projects in Q1 FY26, including two cluster redevelopment initiatives, with a combined GDV of ₹77.27 billion. This exceeds our entire FY26 business development goal by over 1.25 times, reinforcing our asset-light, capital-efficient model focused on redevelopment in the Mumbai Metropolitan Region (MMR).”
In Q1 FY26, the company successfully added three projects, surpassing its FY26 guidance of ₹6,000 crore with an estimated GDV of ₹7,727 crore.
Gross debt stood at ₹304 crore, with a gross debt/equity ratio of 0.11 as of Q1 FY26, while net debt is zero.
