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Keystone Realtors Q2 profit jumps 10-fold to Rs 101 cr

By · Published by Everything Blog

In short

Keystone Realtors achieved a substantial bottom-line surge largely fueled by a Rs 73.24 crore profit share from joint ventures and associates, offsetting a slight dip in quarterly revenue to Rs 513.09 crore. For the full first half of the fiscal year, net profit rose to Rs 153.12 crore alongside total income that crossed Rs 1,006 crore. Operational momentum remained robust, underscored by an 84 percent increase in second-quarter pre-sales to Rs 1,423 crore. The company, operating under the Rustomjee brand, currently manages 19 ongoing developments alongside 19 forthcoming projects.

Key points

  • Total pre-sales for the initial six months reached a record Rs 2,041 crore due to excepti…: Total pre-sales for the initial six months reached a record Rs 2,041 crore due to exceptional appetite for luxury housing.
  • First-half net profit increased sharply to Rs 153.12 crore while total income climbed to…: First-half net profit increased sharply to Rs 153.12 crore while total income climbed to Rs 1,006.35 crore.
  • The company maintains an extensive future development pipeline exceeding 45 million squar…: The company maintains an extensive future development pipeline exceeding 45 million square feet under its Rustomjee property brand.

Sources checked by our analysis pipeline: 1

Its net profit stood at Rs 9.89 crore in the year-ago period.

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Total income declined to Rs 513.09 crore in the second quarter of this fiscal from Rs 520.90 crore a year ago, according to a regulatory filing.

The net profit soared because of high share of profit from associates and joint ventures that stood at Rs 73.24 crore.

During April-September period of 2026-27 fiscal, the net profit jumped to Rs 153.12 crore from Rs 26.22 crore in the year-ago period. Total income grew to Rs 1,006.35 crore from Rs 809.54 crore.

Chairman and Managing Director Boman Irani said the company continues to progress through a pivotal phase of growth and opportunity.

"This (September) quarter marks yet another period of strong performance, reaffirming our consistent growth trajectory and disciplined execution," he said.

Irani highlighted that the company achieved the highest ever quarterly pre-sales of Rs 1,423 crore in July-September FY27, a 84 per cent year-on-year growth. The pre-sales in the first half reached a record Rs 2,041 crore.

The strong performance was…

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