Hot Pursuit     29-Oct-21
Kolte Patil Developers spurts after turnaround Q2 numbers
Kolte Patil Developers rose 6.05% to Rs 323.50 after the company reported consolidated net profit of Rs 17.70 crore in Q2 September 2021 compared with net loss of Rs 21.87 crore in Q2 September 2020.

On a consolidated basis, revenue from operations surged 370.39% to Rs 303.78 in Q2 September 2021 over Q2 September 2020. Pre-tax profit stood at Rs 43.86 crore in Q2 September 2021 as against pre-tax loss of Rs 29.17 crore in Q2 September 2020.

Total expense jumped 174.95% YoY to Rs 265.60 crore during the quarter. The company's cost of services, construction and land surged 398.29% YoY to Rs 220.99 crore.

Kolte Patil Developers is a leading real estate company with dominant presence in the Pune residential market. It has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of ~20 million square feet across Pune, Mumbai and Bengaluru.

Previous News
  Kolte Patil Developers to convene AGM
 ( Corporate News - 29-Jul-23   20:06 )
  Board of Kolte Patil Developers to consider fund raising via debt securities
 ( Corporate News - 23-Feb-23   09:57 )
  Kolte Patil Developers consolidated net profit rises 33.79% in the June 2017 quarter
 ( Results - Announcements 11-Aug-17   16:38 )
  Kolte Patil Developers reports consolidated net loss of Rs 8.79 crore in the September 2022 quarter
 ( Results - Announcements 10-Nov-22   16:25 )
  Kolte Patil Developers engages in land monetization for Pune township project
 ( Corporate News - 09-Apr-20   09:45 )
  Kolte Patil Developers consolidated net profit declines 32.44% in the December 2015 quarter
 ( Results - Announcements 13-Feb-16   19:15 )
  Kolte Patil Developers standalone net profit rises 90.40% in the June 2015 quarter
 ( Results - Announcements 25-Jul-15   08:11 )
  Board of Kolte Patil Developers recommends final dividend
 ( Corporate News - 26-May-23   12:26 )
  Kolte Patil Developers standalone net profit rises 72.40% in the June 2017 quarter
 ( Results - Announcements 11-Aug-17   16:37 )
  Kolte Patil Developers schedules board meeting
 ( Corporate News - 17-Jan-19   17:09 )
  Kolte Patil Developers allots equity shares
 ( Corporate News - 30-Jan-10   09:31 )
Other Stories
  Eicher Motors CV sales rises 11% YoY in June’24
  01-Jul-24   15:39
  Atul Auto hits record high as sales double to 2,628 units in Jun’24
  01-Jul-24   15:29
  Ashok Leyland slides as total sales slips 2% YoY in June'24
  01-Jul-24   15:16
  Reliance Infrastructure Ltd leads losers in 'A' group
  01-Jul-24   15:00
  Oriental Carbon & Chemicals Ltd leads losers in 'B' group
  01-Jul-24   14:45
  Rane Holdings hits life high on plan to acquire 51% stake in JV
  01-Jul-24   14:45
  Maruti Suzuki rises as total sales jumps 12% YoY in Jun’24
  01-Jul-24   14:37
  Volumes jump at Emami Ltd counter
  01-Jul-24   14:30
  Karur Vysya Bank advances climb 16% YoY in Jun'24
  01-Jul-24   14:14
  SML Isuzu jumps as June sales surges 38% YoY
  01-Jul-24   14:13
Back Top