Q4 profit: Keystone Realtors' profit falls 60%

17 May 2024 CW Team

A 60 % fall was seen in realty firm Keystone Realtors Ltd net profit to Rs 0.3 billion for the March quarter. Last year in the same period. The company?s net profit stood at Rs 0.76 billion.

In addition, total spending increased to Rs 7.81 billion from January to March of the previous fiscal year from Rs 2.71 billion the previous year. In the fourth quarter of the most recent fiscal year, total income increased to Rs 8.26 billion from Rs 3.57 billion during the same period the previous year.

The company's net profit increased to Rs 1.12 billion in the 2023?24 fiscal year from Rs 0.8 billion the year before. From Rs 7.24 billion in the fiscal year 2022?2023 to Rs 22.75 billion in the most recent fiscal year, total income increased. Keystone Realtors, situated in Mumbai, markets its real estate under the Rustomjee brand.

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