IndustryLatest Stories

Kalpataru’s Q1 FY26 Sales Bookings Jump 83% to ₹1,249 Crore

NEW DELHI: Realty company Kalpataru Ltd reported an impressive 83% increase in sales bookings, reaching Rs 1,249 crore in the first quarter of this fiscal year, driven by higher realizations. In the same period last year, the sales bookings were Rs 682 crore. As per their latest investor presentation, while the sales volume decreased from 0.61 million sq ft to 0.56 million sq ft, the average sales realization saw a significant rise, doubling from Rs 11,199 per sq ft to Rs 22,476 per sq ft. On Wednesday, the company also announced a consolidated net loss of Rs 49.42 crore for…

IndustryLatest Stories

Sunteck Realty Q1 FY26 Profit Up 47% to ₹33.43 Crore

Sure! Here’s a rewritten version of the content: NEW DELHI: Sunteck Realty Ltd has announced a 47% increase in consolidated net profit, reaching ₹33.43 crore in the first quarter of the current fiscal year. In the same period last year, the net profit was ₹22.78 crore. However, total income decreased to ₹201.53 crore in the April-June quarter of 2025-26, down from ₹328.01 crore in the corresponding quarter of the previous year, as noted in a regulatory filing on Thursday. Sunteck Realty is recognized as one of the prominent real estate companies in India, having developed numerous projects in the Mumbai…

IndustryLatest Stories

Kalpataru Q4 FY25 Profit Falls 42% to ₹14 Crore

NEW DELHI: Realty firm Kalpataru Ltd has reported a 42% decline in its consolidated net profit, dropping to Rs 14.05 crore in the fourth quarter of FY25. In the same period last year, the Mumbai-based company had a net profit of Rs 24.30 crore. However, total income increased to Rs 667.21 crore for the January-March quarter of the 2024-25 fiscal year, up from Rs 535.22 crore in the corresponding period last year, according to a regulatory filing. During the entire 2024-25 fiscal year, Kalpataru Ltd reported a net profit of Rs 21.62 crore, recovering from a loss of Rs 94.98…

IndustryLatest Stories

Kalpataru Shares Debut Flat, Surge Over 9% Later

NEW DELHI: Shares of real estate developer Kalpataru Ltd had a flat debut on Tuesday, opening at the issue price of Rs 414 but later rallied by over 9%. The stock began trading at Rs 414.10 on the BSE and gained momentum, increasing by 9.42% to reach Rs 453. On the NSE, it was listed at Rs 414, before climbing 9.37% to Rs 452.80. The company had a market valuation of Rs 9,121.99 crore in early trading. Kalpataru Ltd’s initial public offering (IPO) was subscribed 2.26 times by the end of bidding last Thursday. The IPO’s price band was set…

Housing FinanceLatest Stories

LIC Housing Finance Q4 FY25 Net Profit Soars 25% to ₹1,368 Cr

NEW DELHI: LIC Housing Finance announced a 25.4% increase in net profit, reaching Rs 1,368 crore for the fourth quarter ending March 2025, compared to Rs 1,091 crore in the same quarter of the previous fiscal year. The company reported total income of Rs 7,283 crore for the March quarter of FY25, an increase from Rs 6,937 crore in the corresponding quarter of FY24. For the fiscal year 2024-25, the net profit increased by 14% to Rs 5,429 crore, up from Rs 4,765 crore in FY24. LIC Housing Finance shares closed at Rs 624.90, gaining 1.31% from the previous close…