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Kolte - Patil Developers LimitedUpdates, 11-02-2025: Press Release

11-02-2025 | 07:42 pm

Kolte-Patil Developers Ltd. has reported a strong performance for Q3 and the first nine months of FY25, achieving record figures in sales, collections, and revenues. The company recorded sales worth Rs. 2,161 crore and collections of Rs. 1,729 crore, with total revenues increasing 18% YoY to Rs. 999 crore. EBITDA grew by 20% YoY, reaching Rs. 70 crore, while net profit stood at Rs. 41 crore.

In operational terms, quarterly new area sales dropped slightly with a total valuation of Rs. 680 crore, while realization per sq. ft. rose to Rs. 8,394, reflecting positive pricing dynamics. The company emphasized robust cash flows of Rs. 641 crore, highlighting a focus on premium offerings and a substantial joint development project in Pune valued at Rs. 4,000 crore.

Overall, the outlook remains positive, driven by market demand in the premium segment and a strategic focus on business development, positioning Kolte-Patil for sustainable growth in a supportive economic environment. Investors should watch closely for the company's continued progress in upcoming launches.

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