Quarterly Updates10 Jul 2026, 05:10 pm
Keystone Realtors Q1FY27 Pre-Sales Down 42% YoY to ₹6.17 Bn
AI Summary
Keystone Realtors Ltd reported key operational updates for Q1FY27. Pre-sales stood at ₹6.17 billion, a 42% decrease year-on-year, attributed to no new launches during the quarter, with sustenance sales supporting the figures. Collections saw a 4% increase to ₹5.99 billion, strengthening liquidity. The company added two new projects with a saleable area of 1.98 million sq ft and an estimated GDV of ₹7.13 billion. Credit ratings were upgraded by ICRA to 'AA- (Stable)'. Management expressed confidence in future growth driven by a strong launch pipeline and execution capabilities.
Key Highlights
- Q1FY27 pre-sales declined 42% YoY to ₹6.17 billion.
- Collections increased 4% YoY to ₹5.99 billion.
- Two new projects added, enhancing future launch pipeline.
- ICRA upgraded credit rating to 'AA- (Stable)'.
- Company anticipates sales pickup with upcoming launches.
Price Impact
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