NEW DELHI: Kolte Patil Developers has reported net consolidated profit after tax of Rs 26.33 crore during the quarter ended December 31, 2024. It had registered Rs 63.04 crore loss after tax in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at Rs 369.28 crore in Q3 FY25 as against Rs 83.70 crore it recorded in the similar quarter last year.
Atul Bohra, group CEO of the company said, “Our 9M performance has been marked by milestone sales and collections of Rs 2,161 crore and Rs 1,729 crore respectively. Healthy operations cycle resulted in strong operating cash flows of Rs 641 crore during the nine months. Recently, we signed ~22 acres joint development project in Pune with the expected GDV of ~Rs. 4,000 crore.”
As on December 31, 2024, its net worth stood at Rs 746.57 crore, debt-equity ratio was 1.63, current liability ratio was 0.97, total debts to total assets was 0.22, operating margin was 7.31% and net profit margin was 7.13%.
