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Realty firm Kalpataru Ltd on Thursday reported a 19 per cent increase in its sales bookings to Rs 1,329 crore during the second quarter of this fiscal on better housing demand. Its sales bookings or pre-sales stood at Rs 1,117 crore in the year-ago period. In a regulatory filing, Kalpataru Ltd informed that its sales bookings rose 43 per cent to Rs 2,577 crore during the first six months of this fiscal from Rs 1,799 crore in the corresponding period of the preceding year. Mumbai-based Kalpataru Ltd is one of the leading real estate developers in the country.
Kalpataru Projects International on Thursday posted nearly a three-fold jump in its consolidated net profit to Rs 213.59 crore in the June 2025 quarter, mainly due to higher revenues. The company had reported a consolidated net profit of Rs 83.95 crore in the quarter ended June 2024, a BSE filing said. Its total income rose to Rs 6,187.52 crore in the quarter from Rs 4,608.5 crore a year ago. The board also accorded its consent to increase the period validity of the approval granted by it to provide counter bank guarantee or standby letter of credit or corporate guarantee to lenders of Kalpataru IBN Omairah Company Ltd, 65 per cent subsidiary of the company up to June 30, 2026, for an amount not exceeding USD 65 million, and delegated authority to the Executive Committee of the Board of Directors, for the same. PTI KKS 1.0.