Keystone Realtors Limited has informed the Exchange about General Updates
RUSTOMJEE · price
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Awaiting price reaction for this filing.
Keystone Realtors (Rustomjee) reported its best-ever Q1 pre-sales of Rs 10.68 bn, up 75% year-on-year from Rs 6.11 bn in Q1 FY25. Collections grew 19% YoY to Rs 5.75 bn, while area sold jumped 159% YoY to 0.63 mn sqft. The company launched 3 new projects with an estimated Gross Development Value (GDV) of Rs 40 bn, already achieving about 57% of its full-year FY26 launch guidance in just one quarter. It also added 3 redevelopment projects with a GDV of Rs 77.27 bn, surpassing its full-year FY26 business development target in Q1 itself. ICRA upgraded the company's credit rating from 'A' (Positive) to 'A+' (Stable).
Strongly positive for shareholders — record pre-sales, faster-than-expected project additions, and a credit rating upgrade signal robust demand and improved financial standing, likely to support the stock price and could prompt upward revisions to FY26 guidance.