Kolte Patil Developers' Q1 FY 2025-26 Quarterly Results

Result Summary

• Kolte Patil Developers Ltd reported a 81.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 72.4%.
• Its expenses for the quarter were down by 78.6% QoQ and 64.5% YoY.
• The net profit decreased 35.5% QoQ and decreased 365.0% YoY.
• The earnings per share (EPS) of Kolte Patil Developers Ltd declined at 2.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kolte Patil Developers Ltd is a prominent real estate development company based in India. The company is engaged in the development of residential, commercial, retail, IT parks, and integrated townships. They are known for their commitment to sustainability and creating well-designed living and working spaces. Recent developments in the industry may include shifts in real estate demand due to economic conditions, regulatory changes, or advancements in construction technology. However, specific recent developments regarding Kolte Patil Developers Ltd are not available from the provided data.

Revenue

During the first quarter of the financial year 2026 (Q1FY26), Kolte Patil Developers Ltd reported a total income of ₹96.81 crores. This represents a significant decrease of 81.7% from the previous quarter (Q4FY25), where the total income was ₹527.71 crores. Similarly, a year-over-year comparison shows a 72.4% decline from Q1FY25, where the total income was ₹350.29 crores. These figures indicate substantial changes in revenue generation compared to both the previous quarter and the corresponding quarter of the previous year.

Profitability

In terms of profitability, the company reported a loss before tax of ₹22.46 crores in Q1FY26, which is a reduction from the loss of ₹41.48 crores reported in Q4FY25. This reflects a 45.9% improvement quarter-over-quarter in terms of reduced losses. However, when compared year-over-year, the situation shows a decline from a profit before tax of ₹14.42 crores in Q1FY25, marking a 255.8% decrease. The profit after tax also reflects a similar trend, with a loss of ₹16.88 crores in Q1FY26, compared to a loss of ₹26.18 crores in Q4FY25 and a profit of ₹6.37 crores in Q1FY25. The earnings per share followed suit with a negative value of -₹2.20 in Q1FY26, compared to -₹3.60 in Q4FY25 and ₹0.80 in Q1FY25, demonstrating substantial variations over both the quarter and year.

Operating Metrics

The total expenses for Q1FY26 were reported at ₹119.27 crores, marking a decrease of 78.6% from Q4FY25, which had total expenses of ₹558.11 crores. This decline in expenses is also evident when compared to Q1FY25, where the expenses were ₹335.87 crores, resulting in a 64.5% year-over-year decrease. The tax expense in Q1FY26 was noted as -₹5.32 crores, a reduction of 71.2% from Q4FY25 and a significant change from Q1FY25, where the tax was ₹10.41 crores, resulting in a 151.1% year-over-year decrease. These operating metrics show a notable decrease in both expenses and tax liabilities over the given periods.