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 consolidated net profit declines 86.44% in the June 2024 quarter
 ( Results - Announcements 09-Aug-24   13:48 )
  Kolte Patil Developers reports consolidated net loss of Rs 25.31 crore in the September 2023 quarter
 ( Results - Announcements 06-Nov-23   17:40 )
  Kolte Patil Developers reports standalone net profit of Rs 42.79 crore in the March 2023 quarter
 ( Results - Announcements 25-May-23   13:48 )
  Kolte-Patil Developers jumps as board to mull fund raising on Feb 27
 ( Hot Pursuit - 23-Feb-23   11:13 )
  Kolte Patil Developers standalone net profit rises 6.47% in the September 2018 quarter
 ( Results - Announcements 26-Oct-18   15:38 )
  Board of Kolte Patil Developers approves fund raising up to Rs 800 cr
 ( Corporate News - 25-May-23   13:58 )
  Kolte Patil Developers to convene AGM
 ( Corporate News - 29-Jul-23   20:06 )
  Kolte-Patil Developers slides on recording net loss of Rs 26 cr in Q4 FY24
 ( Hot Pursuit - 27-May-24   12:19 )
  Kolte Patil Developers recognized as India's Most Trusted Real Estate Brand
 ( Corporate News - 18-Dec-20   15:57 )
  Kolte Patil Developers consolidated net profit declines 62.85% in the September 2018 quarter
 ( Results - Announcements 26-Oct-18   15:39 )
  Kolte Patil Developers reports consolidated net profit of Rs 22.47 crore in the December 2020 quarter
 ( Results - Announcements 05-Feb-21   14:59 )
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