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Kolte Patil Developers Ltd Q2FY24; 61% rise in Revenue

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 Q2FY24 of ₹198.00 Crores up from ₹123.00 Crore year on year, a rise of 60.98%.
  • Total Expenses for Q2FY24 of ₹221.00 Crores up from ₹143.00 Crores year on year, a rise of 54.55%.
  • Consolidated Net Profit of -₹26.00 Crores from -₹7.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹3.33, from -₹1.16 in the same quarter of the previous year.
Tags: Real Estate
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