Quarterly Result21 Jan 2025, 06:15 pm
Kolte-Patil Developers Achieves Rs. 2,161 Crore in Sales Value and Rs. 1,729 Crore in Collections in 9M FY25
AI Summary
Kolte-Patil Developers Limited, a leading Pune based real estate player, has announced key updates on its real estate operations for the quarter and nine months ended 31* December 2024. The company achieved a sales value of Rs. 2,161 crore and collections of Rs. 1,729 crore in 9M FY25. The new area sales for 9MFY25 stood at 2.80 million sq.ft., with average realizations at Rs. 7,716 per sq.ft. The flagship project Life Republic registered sales volumes of 1.5 million sq.ft. in 9M FY25.
Key Highlights
- Achieved sales value of Rs. 2,161 crore in 9M FY25
- Collections grew by 17% to Rs. 1,729 crore in 9M FY25
- Average realizations improved by 11% Y-o-Y and 12% Q-o-Q
- Life Republic project achieved sales volumes of 1.5 million sq.ft. in 9M FY25
- KPDL is known for high quality standards, design uniqueness, corporate governance, transparency and timely delivery of projects