Latest news with #Kolte-PatilDevelopersLtd
News18
29-07-2025
- Business
- News18
Kolte-Patil Developers posts Rs 17 cr loss in Jun qtr
Agency: New Delhi, Jul 29 (PTI) Realty firm Kolte-Patil Developers Ltd on Tuesday said it has posted a consolidated net loss of Rs 16.99 crore for the quarter ended June. The company had posted a profit of Rs 6.23 crore in the year-ago period. Total income plunged to Rs 96.81 crore in the April-June period of this fiscal from Rs 350.29 crore in the corresponding period of the preceding year, according to a regulatory filing. Kolte-Patil Developers is one of the leading real estate firms in the country. PTI MJH MJH SHW Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Yahoo
27-05-2025
- Business
- Yahoo
Kolte-Patil Developers Ltd (BOM:532924) Q4 2025 Earnings Call Highlights: Record Collections ...
Release Date: May 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Kolte-Patil Developers Ltd (BOM:532924) achieved its highest-ever collection of INR 2,432 crore in FY25, marking an 18% year-on-year growth. The company reported its highest-ever annual total income of INR 1,764 crore, a 27% increase year-on-year. Operating cash flow for FY25 stood at INR 880 crore, indicating strong financial health. The Life Republic Township project performed well, contributing 1.9 million square feet to the volume, reflecting sustained homebuyer confidence. Kolte-Patil Developers Ltd (BOM:532924) launched projects with a total GDP of approximately INR 4,000 crore, with new launches contributing 42% of overall sales. Sales were impacted due to deferment in planned project launches owing to regulatory and procedural delays. The company is facing challenges with project approvals, which have been delayed due to regulatory changes and elections. Despite improved realizations, operating margins have remained below 20% for the fifth consecutive year. There is uncertainty regarding the timeline for future project launches and pre-sales guidance due to ongoing strategic reviews. The company is still awaiting regulatory approvals for a transaction involving Blackstone, which could impact strategic direction and operations. Warning! GuruFocus has detected 10 Warning Signs with BOM:532924. Q: Can you provide guidance for pre-sales and launches for the next year? A: We are on track with our long-term guidance, but due to current circumstances, we will revisit our strategy and may take a quarter or two to provide guidance for the year. However, our long-term trajectory remains on track. - Group CEO Q: What is the status of the delayed projects and new launches? A: We launched projects with a GDP potential of 4,000 crore this year. Some projects were deferred due to delays in the approval cycle. We will update on these once we have more clarity. - Group CEO Q: Can you explain the reasons behind the lower operating margins despite increased realizations? A: Compared to FY24, our EBITDA margin improved significantly, and we expect further margin improvements as realizations have increased. We are working on cost rationalization internally. - Group CEO Q: How do you view the current market demand and approval challenges? A: Demand remains strong, especially in Pune and Mumbai, supported by interest rate reductions and budget announcements. Approval processes have seen improvements, but they remain a factor that can cause quarter-to-quarter slippages. - Group CEO Q: What is the long-term guidance for the company, and how do you see the role of Blackstone and promoters in strategic direction? A: Our long-term guidance remains on track. The transaction with Blackstone is under regulatory approval, and we will provide more details once it progresses. - Group CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Time of India
26-05-2025
- Business
- Time of India
Kolte-Patil Developers Q4 Results: Net profit at Rs 106.6 crore, total income surges to Rs 1,764 crore
Kolte-Patil Developers Ltd. reported a net profit of Rs 106.6 crore for the financial year 2024–25, compared to a net loss of Rs 69.4 crore a year ago. The company recorded its highest-ever annual total income at Rs 1,763.7 crore, up 26.5%. Collections for the year also rose to an all-time high of Rs 2,432 crore, marking an 18% increase. The Pune-headquartered developer's operating profit surged 252% to Rs 227.4 crore. Sales value for the year stood at Rs 2,791 crore, the company said in its earnings release. New launches contributed 42% of annual sales, reinforcing strong market traction. 'FY25 has been a strong year for the company, with milestones achieved across various operational and financial metrics. This has been driven by robust execution, healthy registrations, and active customer engagement. Average realizations improved by 8%, reflecting our disciplined pricing strategy across geographies,' said Atul Bohra, Group CEO, Kolte-Patil Developers. For the quarter ended March, the company reported a net profit of Rs 65.3 crore on the back of a total income of Rs 723.2 crore. During the quarter, the company launched projects with a combined gross development value (GDV) of around Rs 4,000 crore. It also acquired a joint development project spanning around 22 acres in Pune, expected to generate a GDV of about Rs 4,000 crore. Live Events
&w=3840&q=100)
Business Standard
26-05-2025
- Business
- Business Standard
Kolte-Patil Developers Q4 results: PAT of ₹66.29 cr on strong income growth
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.
Time of India
26-05-2025
- Business
- Time of India
Kolte-Patil Developers Q4 Result: Co posts Rs 66.29 cr net profit
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. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like '협착증 통증에 걸음조차 불편하다면, 수술 없이 관리 가능합니다' ort02a 지금 문의 Undo 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.
