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Keystone Realtors reports 33% fall in pre-sales during Q2FY24

10 Oct 2023 Evaluate

Keystone Realtors has reported pre-sales of Rs 306 crore in Q2FY24 as compared to Rs 455 crore in Q2FY23, down by 32.75% Year-on- Year (Y-o-Y) basis. However, its collections stood at Rs 585 crore in Q2FY24 as compared to Rs 344 crore in Q2FY23, showing a growth of 70.06% YoY basis.

During Q2 FY24, company added 1 more project with an estimated Gross Development Value (GDV) of Rs 1150 crore. With this, the company has added a total of 4 projects in H1FY24 with an estimated GDV of Rs 3644 crore. During the Q2 FY24, company completed 5 projects having construction area of 3.12 million sqft.

Keystone Realtors is one of the prominent real estate developers and is engaged primarily in the business of real estate construction, development and other related activities in India.


Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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