Kolte-Patil Developers Ltd

Kolte-Patil Developers Limited announced the appointment of Hrishikesh Parandekar as Chief Executive Officer, effective August 24, 2026, following a board meeting held on August 19, 2026. Prior to joining Kolte-Patil, Parandekar held leadership roles at Alpha Alternatives, Karvy Group, Ambit Holdings, and Sugee Group, and previously worked at McKinsey & Company and Morgan Stanley.

Kolte-Patil Developers Limited informed the National Stock Exchange of India Limited and BSE Limited that it has extended the timeline for utilization of the Rs 41,703 lakhs raised through a preferential issue of equity shares on a private placement basis by 12 months, until December 22, 2027, with shareholder approval obtained at its 35th Annual General Meeting on July 27, 2026.

Kolte-Patil Developers Ltd. will hold a meeting of its Board of Directors on Monday, August 10, 2026, at 4:00 PM (IST) to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, as well as other business matters, according to a regulatory filing.

Average realizations improved 29% year on year (YoY) to Rs 9,442 per square feet during the quarter, driven by strategic price revisions across projects and a higher contribution from Mumbai projects. Collections increased 30% YoY to Rs 715 crore in Q1 FY27 from Rs 550 crore in the corresponding quarter last year, reflecting sustained execution momentum across the project portfolio. During the quarter, the company launched approximately 0.78 million square feet of new area. Life Republic, Kolte-Patil Developers' flagship integrated township project in Pune, recorded sales of approximately Rs 212 crore. The Mumbai market contributed around 30% to the company's sales value during the quarter, reinforcing its growing importance within the portfolio. Rajesh Patil, managing director, Kolte-Patil Developers, said: 'We are encouraged by our performance in the first quarter, which marks a strong start to FY27. Sales remained steady at Rs 617 crore, with Mumbai contributing around 30% to sales. Collections grew 30% year on year, reflecting strong execution, sustained construction progress, and continued customer confidence. Average realizations increased 29% year on year, underscoring the strength of our product portfolio and continued customer preference for our offerings.' Kolte-Patil Developers is a leading real estate company with a dominant presence in the Pune residential market and a diversified presence in Mumbai and Bengaluru. The company had recorded an 82.21% decline in consolidated net profit to Rs 4.50 crore on a 24.12% fall in revenue to Rs 265.33 crore in Q4 FY26 as compared with Q4 FY25.Powered by Capital Market - Live

Kolte Patil Developers announced that the 35th Annual General Meeting(AGM) of the company will be held on 27 July 2026.

Net loss of Kolte Patil Developers reported to Rs 15.98 crore in the quarter ended March 2026 as against net profit of Rs 65.29 crore during the previous quarter ended March 2025. Sales declined 65.41% to Rs 248.61 crore in the quarter ended March 2026 as against Rs 718.67 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 38.90 crore in the year ended March 2026 as against net profit of Rs 106.56 crore during the previous year ended March 2025. Sales declined 57.20% to Rs 734.96 crore in the year ended March 2026 as against Rs 1717.38 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales248.61718.67 -65 734.961717.38 -57 OPM %-2.4314.80 --8.3210.24 - PBDT1.64105.51 -98 -11.98185.44 PL PBT-1.93101.26 PL -27.96171.17 PL NP-15.9865.29 PL -38.90106.56 PL Powered by Capital Market - Live

Kolte Patil Developers will hold a meeting of the Board of Directors of the Company on 22 May 2026.

Collections stood at Rs 834 crore in Q4 FY26, registering the growth of 18% compared with Rs 704 crore in Q4 FY25. Sales volume fell 7% to 0.74 million sq. ft in Q4 FY26 compared with 0.80 million sq.ft in Q4 FY25. However, realization climbed 21% YoY to Rs 9,601 per sq.ft from Rs 7904 per sq.ft in Q4 FY25, supported by steady overall demand, disciplined pricing, and increased contribution from the Mumbai portfolio. The company's flagship integrated township project, Life Republic, continued to garner sales demand, contributing 0.37 million sq. ft. of sales in Q4 FY26. On full year basis, the company's sales value declined 7% to Rs 2,605 crore in FY26 from Rs 2,791 crore in FY25. Collections increased 11% to Rs 2,689 crore in FY26 compared with Rs 2,432 crore in FY25. Rajesh Patil, managing director, Kolte Patil Developers, said, 'FY26 has been a defining year for the Company with the onboarding of Blackstone as a strategic partner. During the year under review, we continued to witness steady demand across key micro-markets, underscoring the resilience of the residential real estate sector. Sales remained steady at Rs. 2,605 crore while strong execution momentum supported milestone collections of Rs. 2,689 crore. Our Life Republic township project continued to be the cornerstone of our volumes, contributing 1.78 million sq. ft. during FY26. With a strong pipeline of launches, sharper execution capabilities, a strengthened platform, and a clear focus on delivery and capital discipline, we are well positioned to drive consistent growth and create long-term value for stakeholders.' The Kolte-Patil Developers group is one of the largest residential real estate developers in Pune. The company has a healthy project portfolio of affordable, mid-income, and luxury residential segments through its brands, Kolte-Patil and 24K, respectively, and is expanding its presence in Bengaluru and Mumbai. The company's consolidated net profit tumbled 82.2% to Rs 4.50 crore in Q3 FY26 compared with Rs 25.30 crore in Q3 FY25. Net sales fell 24.1% YoY to Rs 265.33 crore in Q3 FY26.

The company's sales value is higher by 13% as compared with the sales value of Rs 631 crore registered in Q4 FY25. Sales volume for the period under review added up to 0.74 million square feet, up 7% quarter-on-quarter (QoQ) but down 7% year-on-year (YoY). Kolte-Patil Developers (KDPL) stated that this performance was driven by strong response to new launches complemented by portfolio - wide sustenance sales. Life Republic, KPDL's flagship integrated township project, continued to garner sales demand, contributing 0.37 million square feet of sales in Q4 FY26. Supported by steady overall demand, disciplined pricing, and increased contribution from the Mumbai portfolio, the company recorded realization of Rs. 9,601 per square feet in Q4 FY26, up 10% QoQ and 21% YoY. Collections for Q4 FY26 stood at Rs 834 crore, up 18% YoY and up 18% QoQ. The company's sales value fell by 7% YoY to Rs 2,605 crore while sales volume declined by 13% YoY to 3.13 million square feet in FY26. The company realized a value of Rs 8,314 per square feet (up 7% YoY) and collections aggregated to Rs 2,689 crore (up 11% YoY) in the year ended on 31 March 2026. In FY26, the company acquired projects in Bhugaon with an aggregate GDV of Rs 2,250 crore. This micro-market is emerging as a preferred residential hub, supported by rapid infrastructure upgrades, improved connectivity to key employment hubs, relative affordability, and increasing demand for low-density'nature-integrated living. Rajesh Patil, managing director, Kolte-Patil Developers, said: 'FY26 has been a defining year for the company with the onboarding of Blackstone as a strategic partner. During the year under review, we continued to witness steady demand across key micro-markets, underscoring the resilience of the residential real estate sector.' Kolte-Patil Developers is a leading real estate company with a dominant presence in the Pune residential market and a diversified presence in Mumbai and Bengaluru. The company had recorded 82.21% decline in consolidated net profit to Rs 4.50 crore on a 24.12% fall in revenue to Rs 265.33 crore in Q4 FY26 as compared with Q4 FY25.

Net profit of Kolte Patil Developers declined 82.21% to Rs 4.50 crore in the quarter ended December 2025 as against Rs 25.30 crore during the previous quarter ended December 2024. Sales declined 24.12% to Rs 265.33 crore in the quarter ended December 2025 as against Rs 349.67 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales265.33349.67 -24 OPM %3.057.31 - PBDT14.1739.30 -64 PBT10.2035.90 -72 NP4.5025.30 -82 Powered by Capital Market - Live