NEW DELHI: Kolte-Patil Developers has reported pre-sales of Rs 2,161 crore in first nine months of the financial year 2024-25 and Rs 680 crore in Q3 FY25.
Its pre-sales value dipped nine per cent year-on-year. New launches contributed ~31% to the sales for the period.
Atul Bohra, group CEO of the company said, “We experienced extended timelines for some of the project launches; contribution of new launches moderated to ~31% of the overall sales value for 9M FY25.”
Collections grew 17 per cent to Rs 1,729 crore in 9M FY25. Its collections in Q3 FY25 stood at Rs 567 crore, a growth of 15 per cent year-on-year.
The company reported pre-sales value of Rs 680 crore in Q3 FY25. New launches contributed ~32% to Q3 FY25 sales.
During Q3 FY25, average realizations was at Rs 8,394 per sq ft improved by 11% year-on-year and 12% quarter-on-quarter.
