Kolte-Patil Developers posts Rs 65.3 crore profit in March Quarter
By Ankur Chandra | Updated at: May 31, 2025 10:45 PM IST
Kolte-Patil Developers Ltd., one of the leading real estate developers in India with a significant presence in Pune and expanding footprint in Mumbai and Bengaluru, has reported its audited financial results for Q4 and the year ended March 31, 2025, posting all-time high revenues and profitability.
Key Financial Highlights (₹ Crore)
| Particulars | FY25 | FY24 | YoY | Q4 FY25 | Q4 FY24 | YoY |
|---|---|---|---|---|---|---|
| Total Income | 1,763.7 | 1,394.8 | +26.5% | 723.2 | 527.7 | +37.0% |
| EBITDA | 227.4 | 64.6 | +252.0% | 111.9 | (8.7) | — |
| EBITDA Margin (%) | 12.9% | 4.6% | — | 15.5% | (1.7%) | — |
| Net Profit (Post-MI) | 106.6 | (69.4) | — | 65.3 | (27.1) | — |
| PAT Margin (%) | 6.0% | (5.0%) | — | 9.0% | (5.1%) | — |
FY25 marked a turnaround year with a significant swing from net loss to profitability and a surge in operating margins.
Operational Performance
| Metrics | FY25 | FY24 | YoY | Q4 FY25 | Q3 FY25 | Q4 FY24 | QoQ | YoY |
|---|---|---|---|---|---|---|---|---|
| Sales Value (₹ Cr) | 2,791 | 2,822 | -1% | 631 | 680 | 743 | -7% | -15% |
| Sales Volume (mn sq ft) | 3.60 | 3.92 | -8% | 0.80 | 0.81 | 1.03 | -1% | -23% |
| Realization (₹/sq ft) | 7,758 | 7,193 | +8% | 7,904 | 8,394 | 7,226 | -6% | +9% |
| Collections (₹ Cr) | 2,432 | 2,070 | +18% | 704 | 567 | 592 | +24% | +19% |
The company’s strategic pricing led to higher realizations despite a marginal decline in volumes.
Strategic Developments
- Project Launches: Kolte-Patil launched projects with a Gross Development Value (GDV) of approximately ₹4,000 crore in FY25.
- New Land Acquisition: Signed a ~22-acre joint development agreement (JDA) in Pune with an expected GDV of another ₹4,000 crore.
- Flagship Performance: The Life Republic township contributed ~1.9 million sq. ft. in volume, reflecting strong traction in core markets.
Management Commentary
“FY25 has been a strong year with milestones across operational and financial metrics,” said Atul Bohra, Group CEO of Kolte-Patil Developers. Our disciplined pricing, execution, and customer engagement contributed to a 252% increase in EBITDA and helps us to end the year with operational cash flow of ₹880 crore. The company is positioned for multi-year growth delivery on the back of our strategic land bank, and Market Share leadership in Mumbai and Pune.”
About Kolte-Patil Developers
Established in 1991, Kolte-Patil has delivered over 68 projects across Pune, Mumbai, and Bengaluru, covering a saleable area of more than 30 million square feet. The company operates under two brands—‘Kolte-Patil’ for mid-income housing and ‘24K’ for premium luxury segments.
Kolte-Patil is amongst the top real estate developers in India having good debts in the sector having ratings of AA-/Stable and A1+ for long term debt and short term debt, respectively, from CRISIL. The Company is backed by leading institutional investors such as KKR, ICICI Ventures, and Marubeni Corporation. Kolte-Patil is committed to being an ethical, progressive and responsible enterprise and is driven by both market and customer oriented approach.
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REF: https://nsearchives.nseindia.com/corporate/KOLTEPATIL_25052025225157_Q4FY25resultpressrelease.pdf
https://nsearchives.nseindia.com/corporate/KOLTEPATIL_25052025224611_Q4FY25resultpresentation.pdf
