Tag: Kolte-Patil Developers

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Kolte-Patil Developers’ Subsidiaries Exit Four Entities

NEW DELHI: Kolte-Patil Developers has initiated multiple stake sales and exited from associate entities through its subsidiaries as part of a portfolio reorganization. In a stock exchange filing dated August 7, 2025, the Pune-based developer announced that Kolte-Patil Lifespaces, a wholly-owned subsidiary, has exited its partnership with Amco Landmarks Realty, where it held a 36% stake. This exit was formalized through a deed of retirement on the same day, completed for ₹4 crore. Amco reported other income of ₹56 lakh and a net worth of ₹2.07 crore in FY25. Moreover, on August 6, 2025, the parent company and its subsidiaries…

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Kolte-Patil Developers reports ₹16.88 crore net loss in Q1 FY26

NEW DELHI: Kolte-Patil Developers has reported a net consolidated loss after tax of ₹16.88 crore for the quarter ending June 30, 2025. This reflects a downturn from the profit after tax of ₹6.37 crore recorded in the same quarter of the previous fiscal year, according to a filing with the BSE. The company’s net consolidated income for Q1 FY26 was ₹96.81 crore, a significant drop of 72.37% compared to the ₹350.39 crore reported in the same period last year. As of June 30, 2025, the company’s net worth was ₹1,233.65 crore. Its current liability ratio stood at 0.99, while the…

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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…