Keystone Realtors Reports 85% Drop in Q2 Profit
Keystone Realtors, a prominent real estate company in the Mumbai Metropolitan Region, has reported an 85% decline in its Q2 net profit to Rs 9.89 crore. The company attributes the drop to a decrease in total income.
Keystone RealtorsReal EstateMumbai Metropolitan RegionFinancial ResultsQ2 ProfitReal Estate MumbaiNov 12, 2025
Total income fell to Rs 520.90 crore in the quarter, down from Rs 556.22 crore a year ago, according to a regulatory filing. The decrease in both net profit and total income highlights the challenges the real estate sector is facing, particularly in the Mumbai Metropolitan Region (MMR).
Keystone Realtors has a substantial portfolio of projects spanning the MMR. The company has completed 37 projects, has 19 ongoing projects, and is planning 24 forthcoming projects. To date, Keystone has delivered over 26 million square feet of construction area and has a pipeline of 47 million square feet.
The decline in profit is attributed to various factors, including a slowdown in the real estate market, increased competition, and regulatory changes. The company is taking proactive measures to mitigate these challenges, such as focusing on cost optimization and diversifying its project portfolio.
Despite the current downturn, Keystone Realtors remains committed to delivering high-quality projects and maintaining its strong presence in the MMR. The company's strategic initiatives and robust project pipeline are expected to drive future growth and profitability.
For investors and stakeholders, it is crucial to monitor the company's performance closely and stay informed about the broader economic and regulatory trends impacting the real estate sector. Keystone Realtors' ability to adapt and innovate will be key to its long-term success in a highly competitive market.
Frequently Asked Questions
What was the percentage decline in Keystone Realtors' Q2 net profit?
Keystone Realtors reported an 85 per cent decline in its Q2 net profit.
What was the net profit of Keystone Realtors in the year-ago period?
In the year-ago period, Keystone Realtors' net profit was Rs 65.55 crore.
How much did Keystone Realtors' total income decrease in Q2?
Keystone Realtors' total income decreased to Rs 520.90 crore in Q2 from Rs 556.22 crore a year ago.
How many projects has Keystone Realtors completed in the MMR?
Keystone Realtors has completed 37 projects in the Mumbai Metropolitan Region (MMR).
What measures is Keystone Realtors taking to address the decline in profit?
Keystone Realtors is focusing on cost optimization and diversifying its project portfolio to address the decline in profit.
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