Kolte-Patil Developers Reports ₹616 Crore Q1 FY26 Sales


NEW DELHI: Kolte-Patil Developers (KPDL) announced sales of ₹616 crore for Q1 FY26, driven by consistent performance in major projects and a slight growth in volumes.

The company reported sales of 0.84 million sq ft in Q1 FY26, reflecting a 5% increase compared to the previous quarter.

Customer collections totaled ₹550 crore this quarter, aligning with the scheduled payments. The average realization remained steady at ₹7,337 per sq ft, similar to last year’s performance.

Atul Bohra, the group’s CEO, stated, “With strong launch plans ahead in Pune and Mumbai, we anticipate further growth. Our partnership with Blackstone enhances our strategic focus and strengthens our capability to seize future opportunities.”

The company also experienced a strategic equity infusion during the quarter. On June 23, BREP Asia III India Holding Co VII, a Blackstone entity, secured a 14.3% stake in Kolte-Patil through a preferential allotment.

  • Published On Jul 12, 2025 at 05:00 PM IST

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