Keystone Realtors reports 221% jump in April-June net profit
· economictimes.indiatimes.com
In the June quarter, Keystone Realtors achieved an impressive 221% surge in profits, supported by increased revenue recognition and stronger operating margins. Revenue from operations soared to Rs 470 crore, while pre-sales held steady at Rs 617 crore, reflecting robust project demand. Furthermore, the company is planning exciting new launches, targeting a gross development value of Rs 8,000 crore.
Synopsis
In the June quarter, Keystone Realtors achieved an impressive 221% surge in profits, supported by increased revenue recognition and stronger operating...