New Delhi, May 15 (PTI) Real estate firm Keystone Realtors Limited on Wednesday reported a 60% decline in consolidated net profit to Rs 30.68 billion for the fiscal year ending March 2024 due to higher operating expenses. did.
Net profit for the same period last year was Rs 76.59 billion.
Also Read | Sukhdev Thapar Birth Anniversary 2024: Netizens pay tribute to Indian freedom fighter by sharing photos, wallpapers and quotes online.
Total revenue rose to Rs 826.15 crore in the fourth quarter of the previous fiscal from Rs 357.63 crore in the year-ago period, according to a regulatory filing.
The total expenditure also surged to Rs 781.79 million in the January-March period of the previous fiscal, compared to Rs 271.34 million in the same period last year.
Also Read | Mobile verification scam: Government warns against scammers who pose as TRAI employees and threaten to disconnect mobile numbers, urges citizens to report scam calls at sancharsaathi.gov.in I'm looking for it.
The company's net profit during the financial year 2023-24 increased to Rs 112.21 crore over Rs 81.95 billion in the previous year.
Total revenue increased to Rs 2,275.63 crore in the previous fiscal as compared to Rs 724.90 crore in FY 2022-23.
Mumbai-based Keystone Realtors sells properties under the Rustomjee brand.
(This is an unedited, auto-generated article from a syndicated news feed. Current staff may not have modified or edited the content.)
Share now
