Keystone Realtors Q3 FY26: Area Sold Up, Pre-Sales Dip, Shares Fall

• Keystone Realtors reported a 13% YoY increase in area sold to 0.46 million sq ft in Q3FY26, despite a 3% dip in pre-sales to ₹837 crore.
• Collections also fell 3% to ₹524 crore in Q3FY26, indicating a potential shift in sales mix.
• For 9MFY26, area sold jumped 43% to 1.59 million sq ft, pre-sales rose 23% to ₹2,676 crore, and collections increased 12% to ₹1,768 crore.
• The company achieved 67% of its full-year FY26 pre-sales guidance and 83% of its launch guidance within nine months.
• Shares of Keystone Realtors were down 0.61% at ₹518.60, having lost 21.93% in the past six months.

Why It Matters: Keystone Realtors saw strong volume growth but softer value metrics in Q3 FY26, with shares declining.