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CNBC TV18

Keystone Realtors shares rise 9% after Q1 profit jumps to ₹53 crore and EBITDA margin expands to 17.5%

Keystone Realtors reported fiscal 2024 first-quarter revenue of ₹470.3 crore, up 72.2% year on year. EBITDA climbed to ₹82.2 crore from ₹13.7 crore, lifting the EBITDA margin to 17.5% from 5%. First-quarter collections rose 4% to ₹599 crore. The results helped drive the stock up 9% on the day, signaling investor approval of improved profitability and operating efficiency.
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