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Kolte Patil Developers consolidated net profit rises 105.74% in the March 2018 quarter

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Capital Market

Sales rise 43.31% to Rs 477.66 crore

Net profit of Kolte Patil Developers rose 105.74% to Rs 61.31 crore in the quarter ended March 2018 as against Rs 29.80 crore during the previous quarter ended March 2017. Sales rose 43.31% to Rs 477.66 crore in the quarter ended March 2018 as against Rs 333.30 crore during the previous quarter ended March 2017.

For the full year,net profit rose 80.93% to Rs 153.57 crore in the year ended March 2018 as against Rs 84.88 crore during the previous year ended March 2017. Sales rose 45.54% to Rs 1402.72 crore in the year ended March 2018 as against Rs 963.82 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales477.66333.30 43 1402.72963.82 46 OPM %21.7620.49 -21.5724.70 - PBDT84.2349.40 71 218.19162.17 35 PBT79.4145.18 76 202.83147.32 38 NP61.3129.80 106 153.5784.88 81

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First Published: May 23 2018 | 4:41 PM IST

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