IndustryLatest Stories

Kolte-Patil Reports FY26 Net Loss of ₹38.08 Crore

NEW DELHI: Kolte-Patil Developers (KPDL) reported a net consolidated loss after tax of ₹38.08 crore for the financial year 2025-26. This marks a significant decline from a profit after tax of ₹109.33 crore achieved in FY25, according to a filing with the BSE. In FY26, the company’s net consolidated total income was ₹802.50 crore, a decrease of 54.50% from ₹1,763.73 crore in FY25. In Q4 FY26, net consolidated total income fell by 63.75%, totaling ₹262.16 crore, compared to ₹723.20 crore in the same quarter of the prior year. The company reported a loss after tax of ₹66.29 crore for Q4…

IndustryLatest Stories

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…