Keystone Realtors Ltd. announced its Q2 FY25 financial results, displaying a mixed performance with a notable increase in profitability despite a decline in revenue. The company’s effective cost management and operational efficiencies contributed to a significant boost in profit.
Key Financial Highlights:
- Revenue from Operations: ₹533.07 crore, marking a 13.5% Year-over-Year (YoY) decrease from ₹618.04 crore in Q2 FY24.
- Total Income: ₹556.22 crore, down from ₹633.33 crore in the same quarter last year.
- Profit Before Tax: ₹88.37 crore, a substantial increase compared to ₹2 crore in Q2 FY24.
- Profit After Tax (PAT): ₹65.55 crore, reflecting a significant rise of 71% YoY from ₹4.17 crore in Q2 FY24.
Quarterly Analysis:
The decline in revenue from operations may suggest a slowdown in sales or project completions. However, the impressive jump in profitability demonstrates Keystone Realtors’ strong cost control measures and strategic operational efficiencies, positioning the company for potentially enhanced returns as the market stabilizes.
As of 1:19 PM, the shares were trading 5.95% higher at ₹771.60 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
