Kolte Patil Developers Q1 2024 Earnings: Stay tuned for the live earnings call and real-time transcript

Kolte-Patil Developers, a real estate company (Residential & Commercial) with dominant presence in the Pune & Mumbai, will report first-quarter 2024 earnings today at 5:00 p.m. IST. The company will most likely provide business updates for the first quarter.

Listen to Kolte Patil Developers’ Q1 earnings call live and check real-time transcript

In terms of earnings per share, 1 analyst forecasts earnings of ₹4.22, compared to earnings of ₹3.03 in the same quarter last year. Wall Street anticipates sales of ₹3.53 billion, up 43.34% from the same quarter last year.

In the last quarter, Kolte Patil Developers reported Total Income for Q4FY23 of ₹797 Crores up from ₹376 Crore year on year, a rise of 117%. The consolidated Net Profit of ₹117 Crores, up 336% from ₹27 Crores in the same quarter of the previous year.

Wall Street analysts are forecasting a profit of ₹19.37 per share for the year FY24. Profit per share for the previous year was ₹16.01. Analysts anticipate full-year revenue to be, on average, ₹14.72 billion, up from ₹13.11 billion the year before.