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KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Submission of newspaper advertisement for financial results (Standalone and Consolidated) for the quarter and year ended 31 March 2024 published in Business Standard and Loksatta on 25 May 2024
25-05-2024
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KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Submission of Audio Recording of 'Q4 & FY24 Earnings Conference Call' held on 24 May 2024
24-05-2024
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FY24 Annual Result Announced for Kolte-Patil Developers Ltd.

Realty company Kolte-Patil Developers announced FY24 results: Highest-ever annual sales value of Rs 2,822 crore; 26% YoY growth Highest-ever annual sales volumes of 3.92 million sq. ft.; 20% YoY growth FY24 Revenues stood at Rs 1,371.5 crore Net Debt as on 31 March 2024 stands at Rs -25 crore Recommended dividend of Rs 4/- per equity share Commenting on the performance for Q4 & FY24, Rahul Talele, Group CEO, Kolte-Patil Developers Limited said, “I am happy to report robust operational performance for FY24, with record-high sales value, volumes, and collections. The residential real estate sector experienced remarkable growth this year due to factors such as rising disposable incomes, greater affordability, robust economic growth, policy reforms, and stable interest rates that encouraged home buying. Capitalizing on this rising demand for home ownership and high quality living, we launched new projects worth Rs 3,816 crore. These projects, aligned with the evolving needs of our customers, enabled us to achieve an impressive 63% pre-sales from these newly launched projects. In FY24, our sales grew by 26% YoY to Rs 2,822 crore, and volumes increasing by 20% YoY to 3.9 million square feet. Strong execution led to rapid progress across projects, resulting in highest-ever collections of Rs 2,070 crore. We ended the year with revenues of Rs 1,372 crore. Balance-Sheet remains healthy and cash flows robust, enabling the Board to recommend a final dividend of Rs 4 per equity share. As we look to the future, we remain confident in the long-term prospects of the real estate sector. In FY25, we are confident of delivering sales of Rs 3,500 crore. The solid foundation laid in FY24 positions us to achieve even greater milestones in FY25 and beyond, with a focus on innovation, execution excellence, and enhancing customer experience.” Result PDF
24-05-2024
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KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Change in Directorate

Intimation - Re-appointment and appointment of Directors
24-05-2024
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KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Dividend Updates

Recommendation of final dividend for financial year 2023-24
24-05-2024
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KOLTE-PATIL DEVELOPERS LTD. - 532924 - Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended 31 March 2024

Audited Financial Results (Standalone and consolidated) for the quarter and year ended 31 March 2024
24-05-2024
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