
Kolte-Patil Developers Reports 5% QoQ Sales Volume Growth in Q1 FY26, Collections at Rs. 550 crore
Kolte-Patil Developers Limited, a leading Pune-based real estate player, has announced its operational update for Q1 FY26. The company reported a 5% QoQ growth in sales volume, which stood at 0.84 million sq. ft. The sales value for the quarter was Rs. 616 crore. Collections were reported at Rs. 550 crore, demonstrating discipline aligned with the contracted schedule. The average realization stood at Rs. 7,337 per square foot. The company's flagship project, Life Republic Integrated Township, registered sales volume of 0.53 million sq. ft. Blackstone Funds now own 14.3% equity stake in the company. The company remains focused on expanding its portfolio and leveraging its healthy balance sheet to pursue value-accretive opportunities.
Key Highlights
- Q1 FY26 sales volume at 0.84 million sq. ft., up 5% QoQ
- Q1 FY26 sales value at Rs. 616 crore
- Collections at Rs. 550 crore during Q1 FY26
- Average realization at Rs. 7,337 per square foot in Q1 FY26
- Blackstone Funds now own 14.3% equity stake in the company