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Kolte - Patil Developers LimitedBoard Meeting, 24-05-2025: Outcome of Board Meeting

24-05-2025 | 07:06 pm

Kolte-Patil Developers Ltd. has announced a board meeting on approving audited consolidated financial results for the quarter and year ended March 31, 2025. The group posted consolidated revenue of Rs. 1,717.38 Cr and net profit of Rs. 109.33 Cr, marking a strong turnaround from last year’s loss. Key moves include raising Rs. 417 Cr via preferential allotment to BREP Asia III India Holding and a draft plan to merge its wholly owned subsidiary Kolte-Patil Integrated Townships with the parent. The company is boosting its capital structure with improved cash flows and deeper joint promoter involvement.

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