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Kolte Patil Developers Ltd Q1FY24; 85% rise in Profits

Company is in real estate business (Residential & Commercial) with dominant presence in the Pune and growing presence in Mumbai and Bengaluru.

Financial Results:

  • Kolte Patil Developers Ltd reported Revenues for Q1FY24 of ₹571.00 Crores up from ₹200.00 Crore year on year, a rise of 185.5%.
  • Total Expenses for Q1FY24 of ₹521.00 Crores up from ₹164.00 Crores year on year, a rise of 217.68%.
  • Consolidated Net Profit of ₹48.00 Crores up 84.62% from ₹26.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹6.05, up 116.85% from ₹2.79 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Real Estate
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