Kalpataru records 79% growth in Q4 pre-sales, FY25 at Rs 4,531 cr
Kalpataru Ltd has recorded a 79% year-on-year increase in pre-sales to Rs 1,724 crore for the fourth quarter of 2024-25. For the full financial year, the performance stood at Rs 4,531 crore, up 41% from the previous year.
The listed company sold 1.14 million sq ft during the quarter ended March, compared with 0.88 million sq ft in the same quarter last year, marking a 30% growth. Average sale realisation for the quarter stood at Rs 15,127 per sq ft, against Rs 10,935 per sq ft a year ago.
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For 2024-25, total area sold was 3.26 million sq ft, up 15% year-on-year. Average sale realisation for the year was Rs 13,905 per sq ft, compared with Rs 11,332 per sq ft in 2023-24.
'As we look ahead, our commitment remains firm, to strengthen our presence across the key micro-markets within the
Mumbai Metropolitan Region
(MMR) and Pune region and to build on our goodwill. With a healthy portfolio of 35 ongoing and forthcoming projects spread over 47 million sq ft,
Kalpataru
is well-positioned to sustain this upward momentum,' said Parag Munot, MD,
Kalpataru
Ltd.
Revenue from operations in 2024-25 stood at Rs 2,222 crore. Adjusted operating profit was Rs 664 crore with a margin of 29.9%. Profit after tax for the year stood at Rs 25 crore, against a loss of Rs 108 crore in FY24.
In the March quarter, revenue from operations was Rs 597 crore, adjusted operating profit was Rs 182 crore with a margin of 30.5%, and profit after tax was Rs 20 crore.
The Mumbai-based developer launched seven projects in FY25, adding around 6.5 million sq ft of saleable area. Kalpataru raised Rs 1,590 crore through the recently concluded Initial Public Offer (
IPO
) in June, of which Rs 1,192.5 crore has been used for debt repayment.
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