StockWatch
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Residential- Commercial Projects
Quarterly Result22 May 2026, 07:22 pm

Kolte-Patil FY26 Sales at ₹2,605 Cr; Realization Up 7% YoY

AI Summary

Kolte-Patil Developers Ltd. announced its Q4 & FY26 financial results, highlighting a strategic partnership with Blackstone. FY26 sales reached ₹2,605 Cr, with record collections of ₹2,689 Cr, up 11% YoY. Realization hit a record ₹9,601 per sq. ft. in Q4 FY26, up 21% YoY. The company acquired projects with a GDV of approximately ₹2,250 Cr. The reported profitability remained muted owing to lower revenue recognition.

Key Highlights

  • Kolte-Patil partners with Blackstone, marking a strategic endorsement.
  • FY26 sales reached ₹2,605 Cr, with new launches of 4.6 Mn Sq. Ft.
  • Record collections of ₹2,689 Cr, up 11% YoY, reflect strong execution.
  • Q4 FY26 realization reached a record ₹9,601 per sq. ft., up 21% YoY.
  • Acquired projects in Bhugaon with a GDV of approximately ₹2,250 Cr.