Home News Kolte-Patil Developers Limited – Operational Update for Q4 & FY25

Kolte-Patil Developers Limited – Operational Update for Q4 & FY25

by Our Corresspondent - Apr 17, 2025
Kolte-Patil Developers Limited – Operational Update for Q4 & FY25, News, KonexioNetwork.com

Annual Sales at Rs. 2,791 crore
Highest-ever Annual collections at Rs. 2,432 crore Launched projects with GDV of Rs. ~4,000 crore during FY25

 
Pune: Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL; KPDL), a leading Pune based real estate player with a growing presence in Mumbai and Bengaluru, has announced key updates on its real estate operations during the quarter and full year ended 31st March 2025.

Summary of operational performance:

New Area Sales

FY25

FY24

YoY

Q4FY25

Q3FY25

Q4FY24

QoQ

YoY

Value (Rs. crore)

2,791

2,822

-1%

631

680

743

-7%

-15%

Volume (million sq. ft.)

3.60

3.92

-8%

0.80

0.81

1.03

-1%

-23%

Realization (Rs. /sq. ft.)

7,758

7,193

8%

7,904

8,394

7,226

-6%

9%

Collections (Rs. crore)

2,432

2,070

18%

704

567

592

24%

19%

 

New Area Sales

H2FY25

H1FY25

HoH

H2FY24

YoY

Value (Rs. crore)

1,311

1,481

-12%

1,489

-12%

Volume (million sq. ft.)

1.61

1.99

-19%

2.01

-20%

Realization (Rs./sq. ft.)

8,151

7,441

10%

7,397

10%

Collections (Rs. crore)

1,270

1,162

9%

1,085

17%

Collections include contribution from DMA projects

  •  Achieved annual sales of Rs. 2,791 crore in FY25
           o    Launched projects with a total GDV of Rs. 4,000 crore

          o    ~42% of the total pre-sales value for FY25 came from new launches

         o    Sustaining the sales momentum, KPDL’s flagship project Life Republic (LR) registered sales volumes of 1.9 million sq. ft. in FY25
  • Recorded milestone collections of Rs. 2,432 crore during FY25, marking a growth of 18% YoY
  • During FY25, average realizations at Rs. 7,758 per square foot improved 8% YoY owing to higher realizations across projects demonstrating strong brand recognition for quality and delivery.
Commenting on the performance, Mr. Atul Bohra, Group CEO, Kolte-Patil Developers Limited said, “During FY25, we recorded milestone collections of Rs. 2,432 crore, reinforced by operating efficiency, strong registrations, sales, construction and customer engagement. Sales at Rs. 2,791 crore remained muted, impacted by delay in the planned project launches. New launches contributed ~42% to overall sales, reaffirming the optimistic demand scenario for our projects. Our flagship Life Republic township continued to perform well reflecting sustained homebuyer confidence in our offerings and execution. On the business development front, we added a project in Wadgaon (Pune) with the GDV of Rs. 4,000 crore during the year, further enhancing our future growth pipeline.

Looking ahead, we are excited about the next chapter of accelerated growth and value unlocking for all stakeholders. With strong operational delivery, a healthy balance sheet, and deep understanding of our core markets, we are well-positioned to tap into emerging opportunities and continue delivering consistent, high-quality performance across key metrics in the years ahead.”