Shares of the real estate developer extended their winning run to second trading session. The counter added nearly 8% in two days.
Kolte-Patil Developers is a real estate company with dominant presence in the Pune residential market. On a consolidated basis, the company posted a net profit of Rs 29.5 crore in Q1 FY22 as compared to a net loss of Rs 26.98 crore in Q1 FY21. Net sales jumped 40% to Rs 197.31 crore in Q1 FY22 over Q1 FY21.