Kolte - Patil Developers Limited — Updates, 29-07-2025: Press Release
29-07-2025 | 10:24 pm
29-07-2025 | 10:24 pm
Kolte-Patil Developers received a strategic boost as Blackstone Funds infused ₹417 Cr for a 14.3% equity stake, earmarked for growth capital. Q1 FY26 operational highlights include a 5% QoQ rise in sales volume to 0.84 million sq ft, generating ₹616 Cr in sales value and ₹550 Cr in collections. Despite this, the quarter saw a significant financial dip: Total Income fell to ₹96.8 Cr, with Adjusted EBITDA at a ₹11.2 Cr loss and Adjusted Net Profit at a ₹17.0 Cr loss. Management expresses optimism on sector outlook.
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