IndustryLatest Stories

Kolte-Patil Q1 FY27 Sales Value Steady at ₹617 Crore

NEW DELHI: Kolte-Patil Developers announced a sales value of ₹617 crore for the quarter ending June 30, 2026, nearly unchanged from ₹616 crore in the same quarter of the previous fiscal year, according to their regulatory filing. The company’s collections surged by 30% year-on-year, reaching ₹715 crore in Q1 FY27, up from ₹550 crore in Q1 FY26. This figure also includes income from development management agreement projects. The average sales realization for the company increased by 29%, climbing to ₹9,442 per sq. ft. from ₹7,337 per sq. ft. in the previous year. This rise was attributed to price adjustments across…

IndustryLatest Stories

Kolte-Patil Q2 FY26 Pre-Sales Fall 13% to ₹670 Crore

NEW DELHI: Kolte-Patil Developers Ltd has reported a 13% decline in sales bookings, amounting to Rs 670 crore for Q2 of this fiscal year, attributed to reduced area sold amidst declining demand in the Indian residential sector. In the same period last year, sales bookings were ₹770 crore. According to a regulatory filing from the Pune-based firm, sales volumes fell by 17%, totaling 0.86 million square feet in the July-September quarter compared to 1.03 million square feet the previous year. In the first half of the fiscal year, the company’s sales bookings decreased by 13% to Rs 1,286 crore, down…