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.
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