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Kolte-Patil Developers Limited ( (IN:KOLTEPATIL) ) has provided an announcement.
Kolte-Patil Developers Ltd. announced its Q1 FY26 financial results, highlighting a sales volume increase of 5% quarter-on-quarter to 0.84 million sq. ft., with sales value at Rs. 616 crore. Despite the positive sales volume, the company reported a decline in total income and a negative adjusted EBITDA margin, reflecting operational challenges. The acquisition of a 14.3% equity stake by BREP Asia III India Holding Co VII Pte. Ltd. for Rs. 417 crore is expected to impact the company’s financial structure and market positioning.
More about Kolte-Patil Developers Limited
Kolte-Patil Developers Ltd. is a prominent real estate company based in Pune, India, with a diversified presence in Mumbai and Bengaluru. The company is known for its residential and commercial real estate projects, focusing on delivering high-quality developments in key urban markets.
Average Trading Volume: 17,867
Technical Sentiment Signal: Buy
Current Market Cap: 39.42B INR
See more insights into KOLTEPATIL stock on TipRanks’ Stock Analysis page.