Kolte Patil Developers' Q2 FY 2025-26 Quarterly Results

Result Summary

• Kolte Patil Developers Ltd reported a 67.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 49.6%.
• Its expenses for the quarter were up by 53.8% QoQ and down 39.9% YoY.
• The net profit decreased 34.0% QoQ and decreased 207.7% YoY.
• The earnings per share (EPS) of Kolte Patil Developers Ltd declined at 1.18 during Q2 FY 2025-26.

Financial Statments for Q2 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 player in the real estate industry based in India. This company is primarily engaged in the development of residential, commercial, and retail properties. As a well-known name in the real estate sector, Kolte Patil Developers Ltd has established a reputation for developing high-quality residential and commercial spaces. The company focuses on creating sustainable and innovative real estate solutions for urban living. The company has a solid presence in the Pune market and is expanding its footprint in other regions as well. Currently, specific recent developments or strategic initiatives undertaken by the company are not available from the data provided.

Revenue

For the quarter ending in Q2FY26, Kolte Patil Developers Ltd reported a total income of ₹161.75 crores. This represents a significant increase of 67.1% in total income compared to the previous quarter (Q1FY26), where the total income was ₹96.81 crores. However, when compared year-over-year, there is a substantial decrease in total income by 49.6% from ₹320.96 crores in Q2FY25. These figures suggest notable variations in revenue generation within the past year and between the quarters.

Profitability

In Q2FY26, Kolte Patil Developers Ltd reported a loss before tax of ₹21.63 crores, which exhibits a marginal improvement of 3.7% over the previous quarter's loss of ₹22.46 crores in Q1FY26. However, this represents a significant deterioration compared to the profit before tax of ₹15.66 crores reported in Q2FY25, marking a year-over-year decline of 238.1%. The company also reported a loss after tax of ₹11.14 crores in Q2FY26, an improvement from the loss of ₹16.88 crores in Q1FY26, but a significant drop from the profit after tax of ₹10.34 crores in Q2FY25, reflecting a decline of 207.7% year-over-year.

Operating Metrics

The earnings per share (EPS) for Kolte Patil Developers Ltd in Q2FY26 was reported at a negative ₹1.18, reflecting an improvement from the negative ₹2.21 in Q1FY26. However, this is a sharp decline from the positive EPS of ₹1.28 in Q2FY25, indicating a year-over-year decrease of 192.2%. Total expenses for the company in Q2FY26 were ₹183.38 crores, which increased by 53.8% from ₹119.27 crores in Q1FY26 but decreased by 39.9% compared to ₹305.30 crores in Q2FY25. The tax component also saw a reduction, with a negative tax of ₹2.89 crores in Q2FY26 compared to a negative ₹5.32 crores in Q1FY26 and a positive tax of ₹6.89 crores in Q2FY25, suggesting fluctuating tax obligations across the periods analyzed.