Keystone Realtors Limited (RUSTOMJEE) has reported its key operational updates for Q3FY26 and Year-to-Date (YTD) FY26. For Q3FY26, pre-sales stood at ₹8.37 billion, a slight decrease from ₹8.63 billion in Q3FY25. However, YTD FY26 pre-sales reached ₹26.76 billion, marking a 23% year-on-year growth compared to ₹21.74 billion in YTD FY25. This represents 67% of the full-year FY26 pre-sales guidance achieved within the first nine months.

Collections for Q3FY26 were ₹5.24 billion, down from ₹5.42 billion in Q3FY25. For YTD FY26, collections were ₹17.68 billion, showing a 12% year-on-year growth from ₹15.79 billion in YTD FY25.

The company launched one new project in Q3FY26, 'La Vie – Tower D' at Urbania, Thane, with a saleable area of 0.55 million sq ft and an estimated Gross Development Value (GDV) of ₹9.19 billion. This brings the total launches for YTD FY26 to five projects with an estimated GDV of ₹58.35 billion, achieving approximately 83% of the full-year FY26 launches guidance.

In terms of business development, Keystone Realtors added one project in Q3FY26, 'The Homestead CHSL' at Lokhandwala Cluster, Andheri West, with a saleable area of 0.13 million sq ft and an estimated GDV of ₹3.82 billion. For YTD FY26, four projects have been added with a total saleable area of 3.48 million sq ft and an estimated GDV of ₹86.49 billion, surpassing the full-year FY26 business development guidance. These are all redevelopment projects.

Completions for YTD FY26 include three projects with a total area of 1.98 million sq ft: 'Rustomjee Paramount Wing F' (Part OC) at Khar, 'Rustomjee Crown - Tower C' (Part OC) at Prabhadevi, and 'Rustomjee Belle Vue – Phase 1' (Plotted development) at Kasara.

Furthermore, Keystone Realtors has received a credit rating of 'A+ (with Positive Outlook)' from India Ratings, in addition to ICRA's rating of 'A+ (with Stable Outlook)'.

Mr. Boman Irani, CMD of Keystone Realtors Limited, commented on the performance, highlighting the strong operational momentum, disciplined execution, and consistent growth. He expressed confidence in the company's ability to capitalize on future demand, particularly in the redevelopment space in Mumbai, and to deliver long-term value to stakeholders.