Stocks to watch today: Kolte-Patil, Saatvik Green, Thyrocare, Persistent Systems are among other top stocks to track.
In Q2 FY26, the company sold an area of 0.86 million square feet (msf), down 17 per cent Y-o-Y but 2 per cent higher on a Q-o-Q basis
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
Shares of Kolte Patil Developers hit a 52-week high of ₹488.65, rallying 5 per cent on the BSE in Tuesday's intra-day trade in an otherwise subdued market.
Shares of Kolte-Patil Developers rose on Wednesday after the Competition Commission of India (CCI) approved a proposal by BREP Asia III India Holding Co VII to acquire a 40% stake in the company
Realty firm Kolte-Patil Developers Ltd has posted a consolidated net profit of Rs 66.29 crore for the quarter ended March on higher income. Pune-based Kolte-Patil Developers Ltd had posted a net loss of Rs 26.18 crore in the year-ago period. Total income increased to Rs 723.20 crore in the fourth quarter of the last fiscal from Rs 527.71 crore in the corresponding period of the preceding year, according to a regulatory filing. During the full 2024-25, the company's net profit stood at Rs 109.33 crore as against a net loss of Rs 67.48 crore in the preceding year. Total income rose to Rs 1,763.73 crore last fiscal from Rs 1,394.78 crore in 2023-24. Kolte-Patil Developers has built over 68 projects including residential complexes, integrated townships, commercial complexes and IT Parks covering a saleable area of more than 30 million square feet across Pune, Mumbai and Bengaluru.
The company's collections for Q4 FY25, however, grew by 19 per cent Y-o-Y and 24 per cent Q-o-Q to ₹704 crore
Global investment firm Blackstone has launched an open offer to acquire up to 26 per cent stake in Pune-based realty firm Kolte-Patil Developers Ltd from public shareholders for Rs 758.56 crore. Last week, Kolte-Patil Developers announced that Blackstone would acquire a 40 per cent stake in the company for Rs 1,150 crore, entering into Indian residential market after having a significant exposure in office, shopping mall, warehousing and date centre verticals of real estate. Blackstone affiliated firm will acquire a 14.3 per cent stake for Rs 417 crore through a preferential issue of equity shares and another 25.7 per cent stake from the promoters group for Rs 750 crore. In a regulatory filing on Monday, Kolte-Patil Developers informed that Blackstone Group affiliated firm BREP Asia III India Holding Co VII Pte Ltd together with Blackstone Real Estate Partners Asia III L P and Blackstone Real Estate Partners (Offshore) X.TE-F (AIV) L P have launched an open offer for acquisition of
Kolte-Patil builds residential, commercial projects and has a presence in Pune, Bengaluru and Mumbai
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.
Kolte-Patil Developers: Operationally, too, Kolte-Patil's consolidated total income for Q4FY24 was Rs 527.71 crore as against Rs 804.42 crore Y-o-Y
Realty firm Kolte-Patil Developers Ltd said its sales bookings rose 45 per cent to a record Rs 1,739 crore during the last fiscal year on higher volumes as well as average price realisation
Total income rose to Rs 244.7 crore in the third quarter of this fiscal year, from Rs 194.66 crore in the corresponding period of the previous year, according to a regulatory filing
The project is spread over 15-acre land parcel located within Pune city limits
The rating agency CRISIL reaffirmed the credit rating for bank facilities, fixed deposits and NCDs as "FAA-/Stable"
The stock surged 18% after the company posted 54% YoY jump in profit at Rs 19.3 crore in Q2FY17
Developers complete Margosa Heights project in Pune
The stock moved higher by 11% to Rs 134 on the BSE on back of heavy volumes.