Branch² Intelligence
Keystone Realtors' pre-sales fall 42% in Q1 but collections improve; stock in focus
Key takeaway
Keystone Realtors Q1 pre-sales fell 42% YoY to ₹617 crore, but collections rose 4% to ₹599 crore.
- Step 1Keystone Realtors Q1 pre-sales fall 42% YoY to ₹617 crore.
- Step 2Weaker demand signals a slowdown in Mumbai real estate, reducing future cash flow visibility for developers.
- Step 3Indian SME builders and material suppliers face lower order books and potential margin compression.
Source: CNBC TV18 (Markets)
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