Q1 FY26 Sales Volume at 0.84 million sq. ft., up 5% QoQ Q1 FY26 Sales Value at Rs. 616 crore
Q1 FY26 Collections at Rs. 550 crore
Pune : Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL; KPDL), a leading Pune based real estate player with a diversified footprint in Mumbai and Bengaluru, has announced key updates on its real estate operations during the quarter ended 30th June 2025.
Summary of operational performance:
New Area Sales | Q1 FY26 | Q4 FY25 | QoQ | Q1 FY25 | YoY |
Value (Rs. crore) | 616 | 631 | (2.3%) | 711 | (13.3%) |
Volume (million sq. ft.) | 0.84 | 0.80 | 5.2% | 0.96 | (12.5%) |
Realization (Rs./sq. ft.) | 7,337 | 7,904 | (7.2%) | 7,407 | (0.9%) |
Collections (Rs. crore) | 550 | 704 | (21.8%) | 612 | (10.1%) |
Collections include contribution from DMA projects
- Achieved sales value of Rs. 616 crore in Q1 FY26
- Sustenance inventory contributed significantly to driving sales volume for the quarter
- KPDL’s flagship project, Life Republic Integrated Township, registered sales volume of 0.53 million sq. ft.
- Collections stood at Rs. 550 crore during Q1 FY26, demonstrating discipline aligned with the contracted schedule
- During Q1 FY26, average realization stood at Rs. 7,337 per square foot, in-line with prior year
- On 23rd June 2025, BREP Asia III India Holding Co VII Pte. Ltd. acquired a 14.3% stake in the Company through a preferential allotment of equity shares.
Commenting on the performance, Mr. Atul Bohra, Group CEO, Kolte-Patil Developers Limited said,
“FY26 commenced with consistent operational performance on the back of sustained demand. Sales volume of 0.84 million square feet improved by ~5% Q-o-Q. Collections of Rs. 550 crore for the quarter are in line with the contracted schedule. We have a robust pipeline of launches across Pune and Mumbai in the coming quarters which is expected to drive healthy growth in FY26. Our upcoming projects coupled with the sustenance inventory will drive sales as the year progresses.
I am happy to share that Blackstone Funds now own 14.3% equity stake in our company. This strategic partnership holds us in good stead to deliver robust growth over the future. Overall, the demand outlook remains positive. We continue to benefit from the strong preference for trusted developers with a consistent track record. We remain focused on expanding our portfolio through strategic business development and leveraging our healthy balance sheet to pursue value-accretive opportunities. Our growing footprint and well-established brand equity is expected to drive robust performance and long-term value for all our stakeholders.”
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