Kolte-Patil Developer

Pune-based Kolte-Patil Developers reported a ₹10.4-crore loss in Q2 FY26, with revenue falling 55% year-on-year, though sales realisations and collections improved

The land parcel is surrounded by premium localities such as Bavdhan and Kothrud, adjacent to the Mumbai-Pune Expressway and close to the Shivaji Nagar railway station

Kolte-Patil Developers reports a Rs 16.99 crore loss in Q1 FY26, with a 75% YoY revenue decline; Blackstone's entry into the company marks a turning point

Backed by a strong pipeline of launches planned in the second half of the year, the management is confident about meeting the company's pre-sales target of Rs 3,500 crore for FY25.

The fall in the share price came after the company announced a weak set of June quarter (Q1FY25) results.

Shares of the company soared as much as 10.05 per cent to hit an intraday high of Rs 569.05 per share after Motilal Oswal initiated coverage on the real estate developer

Realty firm Kolte-Patil Developers Ltd on Thursday reported a 58 per cent increase in its sales bookings at Rs 701 crore in the first quarter of this fiscal year. Its sales bookings stood at Rs 445 crore in the year-ago period. In a regulatory filing, Pune-based Kolte-Patil Developers informed that its sales volumes increased 52 per cent and the average sales realisation improved by 4 per cent during the April-June period of this fiscal year as compared with the same quarter of the 2022-23 financial year. Kolte-Patil has developed and constructed over 58 projects, including residential complexes, integrated townships, commercial complexes and IT Parks covering a saleable area of around 26 million square feet across Pune, Mumbai and Bengaluru.

The management said that this growth was achieved on the back of firm realisations and highest-ever quarterly sales volumes, which improved 102 per cent QoQ and 31 per cent YoY

KPIT is developing 'Life Republic' a 383-acre township located in Pune's IT hub, Hinjewadi