KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on Q3 & 9M FY23 Financial Results06-02-2023
06-02-2023
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Investor Presentation
Q3 & 9M FY23 Financial Results Presentation06-02-2023
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Submission Of Unaudited Financial Results (Standalone & Consolidated) And Limited Review Report For The Quarter And Nine Months Ended On 31 December 2022 With UDIN
Submission of unaudited Financial Results (Standalone & Consolidated) and Limited Review Report for the quarter and nine months ended on 31 December 2022 with UDIN06-02-2023
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Board Meeting Outcome for Outcome Of Board Meeting Held On 06 February 2023
Outcome of Board Meeting held on 06 February 202306-02-2023
Q3FY23 Quarterly Result Announced for Kolte-Patil Developers Ltd.
Realty firm Kolte-Patil Developers announced Q3FY23 results: Q3FY23 & 9MFY23: Reported highest-ever quarterly pre-sales numbers by value and volume in Q3FY23. Launched ~2 mn. sq. ft. of inventory across 6 projects in Pune and Mumbai. New launches contributed ~57% to the pre-sales value for the quarter. KPDL’s flagship project, Life Republic, crossed the half million mark to record volumes of 6.62 lakh sq. ft., the highest-ever in any one quarter. Achieved sales value of Rs 1,528 crore during 9M FY23, up 23% YoY, from ongoing as well as new launches. Achieved sales volume of 2.30 million sq. ft. in 9MFY23, up 19% YoY. KPDL’s flagship project, Life Republic, recorded volumes of 1.1 mn. sq. ft for 9MFY23. Sales contribution from projects outside Pune stood at 21% during 9MFY23. Collections grew by 22% during 9MFY23 to Rs 1,313 crore supported by - Efficient lifecycle of registrations, sales, construction and robust CRM systems. The company, through its wholly owned subsidiary Sampada Realities Private Ltd., entered into an agreement with Planet Smart City, for strategic land monetization of a portion of its project ‘Little Earth’ at Kiwale, Pune, for ~Rs 78 crore, for joint development of ~0.65 mn sq.ft. Entered an agreement with Marubeni Corporation (Japan) during the quarter. Marubeni will invest Rs 206.5 crore in the company’s Pimple Nilakh residential project and will be entitled to ~ 2.85 lakh sq. ft. of saleable area in the project. During the quarter, CRISIL Ratings re-affirmed the ratings of the company’s long-term bank loan facilities as A+/Stable, short-term bank loan facilities as A1 and rated non-convertible debentures as A+/Stable. Commenting on the update, Rahul Talele, Group CEO, Kolte-Patil Developers Limited, said, “I am happy to report highest-ever quarterly pre-sales of Rs 716 crore, marking a growth of 95% QoQ and 28% YoY. This growth has been achieved on the back of firm realizations and highest-ever quarterly sales volumes which improved 102% QoQ and 31% YoY. Our performance in Q3 was marked by significant contributions from new launches and continued momentum of customer traction in our existing, sustenance phase projects. It is heartening to see the overwhelming response that we received for new project launches that contributed ~57% to the pre-sales numbers for the quarter. This keeps us on track to deliver 30% growth in pre-sales for FY23. In an important milestone at our flagship project, Life Republic, we crossed the 1 million mark in volumes during 9MFY23 and for Q3FY23 we recorded sales volumes of 6.62 lakh sq.ft., the highest-ever in any one quarter. Housing demand has been resilient across key markets, backed by improved affordability parameters from the longer-term perspective and persistence of flexible, hybrid work formats. With increased consolidation and formalization of the sector, buyers and land owners are turning to quality developers and Kolte-Patil is well positioned to capitalize on the opportunities with focus on delivering value across the entire ecosystem of stakeholders.” Result PDF06-02-2023
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Submission Of Unaudited Financial Results (Standalone & Consolidated) And Limited Review Report For The Quarter And Nine Months Ended On 31 December 2022
Submission of unaudited Financial Results (Standalone & Consolidated) and Limited Review Report for the quarter and nine months ended on 31 December 202206-02-2023
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Kolte-Patil Developers Limited - Intimation of Earnings Conference call Q3 FY23 scheduled on Tuesday, 07 February, 202302-02-2023
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended On 31 December 2022 And Other Business As Per Agenda.
KOLTE-PATIL DEVELOPERS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/02/2023 ,inter alia, to consider and approve the unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended on 31 December 2022 and other business as per agenda.27-01-2023
Kolte-Patil Developers rallies 12% on highest-ever quarterly sales in Q3
he management said that this growth was achieved on the back of firm realisations and highest-ever quarterly sales volumes, which improved 102 per cent QoQ and 31 per cent YoY13-01-2023
Kolte Patil shares gain 4% after developer records highest-ever quarterly pre-sales
The company has a dominant presence in the Pune residential market and a growing presence in Mumbai and Bengaluru.13-01-2023