KOLTE PATIL DEV. LTD.

Kolte-Patil Developers Limited (KPDL) presented its Q1 FY27 financial results, highlighting a total income of Rs. 937 crore, a significant increase from Rs. 97 crore in Q1 FY26. The adjusted EBITDA was reported at Rs. 206 crore with a margin of 22%, compared to a loss of Rs. 11 crore in the previous year. The company achieved a net profit of Rs. 146 crore, recovering from a loss of Rs. 17 crore. Pre-sales reached Rs. 617 crore, with collections increasing to Rs. 715 crore, reflecting strong execution. The average realization per square foot rose by 29% year-on-year. KPDL launched 0.78 million square feet of saleable area in Pune and added six redevelopment projects in Mumbai with a gross development value of approximately Rs. 6,000 crore. The company emphasized its strategic priorities, including disciplined business development and enhancing customer experience, while maintaining a strong cash position of Rs. 417 crore.

Management reported strong financial performance and strategic growth initiatives.