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The latest announcement is out from Kolte-Patil Developers Limited ( (IN:KOLTEPATIL) ).
Kolte-Patil Developers reported its unaudited Q3 and nine-month FY26 results, highlighting robust operational momentum driven by aggressive business development and strong cash flows. The company acquired and tied up new projects in Bhugaon, Pune, totaling about 3 million sq. ft. with an estimated gross development value of approximately Rs. 2,250 crore, reinforcing its presence in a key micro-market. Quarterly sales reached Rs. 605 crore with nine-month sales of Rs. 1,891 crore, while collections hit a record Rs. 709 crore in Q3, up 25% year-on-year, and Rs. 1,855 crore for the nine months, up 7% year-on-year. Realizations climbed to their highest historical level at Rs. 8,726 per sq. ft. in Q3, reflecting firm pricing power, and total income stood at Rs. 282 crore for the quarter and Rs. 540 crore for the nine months. Management indicated that supportive macroeconomic conditions, sustained infrastructure spending, and broader urban development are expected to bolster housing demand, and emphasized a strategy of disciplined capital deployment into accretive land parcels along with an “exciting” launch pipeline, signaling continued growth and a stronger institutional platform for the company.
More about Kolte-Patil Developers Limited
Kolte-Patil Developers Ltd. is a leading Pune-based real estate developer with a diversified presence in Mumbai and Bengaluru, focused primarily on residential projects and mixed-use developments. The company targets mid-income and premium housing segments in key urban markets, benefiting from infrastructure-led growth and rising demand across major Indian cities.
Average Trading Volume: 2,878
Technical Sentiment Signal: Sell
Current Market Cap: 32.14B INR
For detailed information about KOLTEPATIL stock, go to TipRanks’ Stock Analysis page.