Rustomjee Group Q2FY26 Operational Updates

Pre-Sales: Pre-Sales of Rs. 7.63 bn in Q2FY26 as compared to Rs. 7.00 bn in Q2FY25, showing a growth of 9 percent YoY basis. Pre-Sales of Rs. 18.31 bn for H1FY26 as compared to Rs. 13.11 bn for H1FY25, showing a growth of 40 percent YoY on half yearly basis. 46 percent of full year FY26 Pre-Sales guidance achieved in H1FY26.

Collections: Collections are at Rs. 6.01 bn in Q2FY26 as compared to Rs. 5.52 bn in Q2FY25, showing a growth of 9 percent YoY basis. Collection stood at Rs.  11.77 bn for H1FY26 as compared to Rs. 10.37 bn for H1FY25, showing a growth of 13 percent YoY on half yearly basis.

Also Read: Rustomjee to Launch Pune Township Projects in 2026

New Launches: Launched 1 project in Q2FY26 having saleable area of 0.21 mn sq ft with an estimated GDV of Rs. 9.49 bn (“Thirty3.15” at Bandra West). With this, we have launched a total of 4 projects in H1FY26 with an estimated GDV of INR 49.16 bn. About 70 percent of the full-year FY26 launches guidance has already been achieved in H1FY26.

Business Development: For the H1FY26 we added 3 Projects having saleable Area of 3.25 mn sq ft and an estimated GDV of Rs. 77.27 bn (“GTB Nagar” at Sion, “Lokhandwala Cluster” at Andheri West, “Swarganga CHSL” at Dindoshi Nagar Cluster, Goregaon East). All 3 are redevelopment projects. These strategic additions align with our goal to maintain and strengthen our leadership in the redevelopment space. Remarkably, we've surpassed our full year FY26 business development guidance.

Also Read: Rustomjee Group Sees Strong Q1 Sales & Profit Dips

Commenting on the Company’s operational performance for Q2FY26, Boman Irani, CMD of Keystone Realtors Limited, said

“As we successfully close the second quarter of FY26, I am delighted to share that our company continues to progress through a pivotal phase of growth and opportunity. This quarter marks yet another period of strong performance, reaffirming our consistent growth trajectory and disciplined execution. Building on the solid momentum carried forward from FY25, we achieved Pre-Sales of Rs. 7.63 billion in Q2FY26, reflecting a 9 percent year-on-year growth and thereby achieving Rs. 18.31 billion about 46 percent of our full-year FY26 PreSales guidance within the first half. During the quarter, we launched one project with an estimated GDV of Rs. 9.49 billion in Q2FY26, taking the total to four projects in H1FY26 with a combined estimated GDV of Rs. 49.16 billion thereby achieving about 70 percent of our full-year FY26 launches guidance within the first half. As we move into the festive season, our robust pipeline positions us well to capitalize on upcoming demand, and I am confident in our ability to not only acquire new projects but also execute them efficiently. Redevelopment in Mumbai continues to remain a core strategic focus, offering immense potential for sustained value creation. As one of the most preferred redevelopment players in the MMR region, we are uniquely positioned to capture these opportunities and strengthen our leadership in this  segment. Our strong performance in both Business Development and New Launches highlights our agility and commitment to driving long-term sustained growth. Backed by a strong balance sheet, we are well capitalized and equipped to continue delivering long-term value to all stakeholders. We remain confident in our ability to maintain a strong growth trajectory in both acquisitions and project launches throughout the remainder of the year. We are confidently poised to deliver substantial value to all stakeholders as we navigate through this year"