KOLTE-PATIL DEVELOPERS LTD. - 532924 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Submission voting result along with Scrutinizer's report of the 31st Annual General Meeting held on 13 August 2022.13-08-2022
13-08-2022
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Submission of Audio Recording of 'Q1 FY23 Earnings Conference Call' held on 12 August 202213-08-2022
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Kolte - Patil Developers Limited Has Informed The Exchange About Final Dividend At The Rate Of Rs. 2 Per Share Declared In The 31St Annual General Meeting Of The Company Held On 13 August 2022 Will Be Paid On 22 August 2022
Kolte - Patil Developers Limited has informed the Exchange about Final dividend at the rate of Rs. 2 per share declared in the 31st Annual General Meeting of the company held on 13 August 2022 will be paid on 22 August 202213-08-2022
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Submission of the proceedings of 31st Annual General Meeting held on 13 August 202213-08-2022
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Submission Of Unaudited Financial Results (Standalone And Consolidated) And Limited Review Report For Quarter Ended On 30 June 2022 With UDIN
Submission of Unaudited Financial Results (Standalone and Consolidated) and Limited Review Report for quarter ended on 30 June 2022 with UDIN12-08-2022
Q1FY23 Quarterly Result Announced for Kolte-Patil Developers Ltd.
Realty firm Kolte-Patil Developers announced Q1FY23 Result : Sales Value of Rs. 4,447 million in Q1FY23, up 79% YoY Mumbai Sales Value of Rs. 1,158 million in Q1FY23, up 81% YoY Quarterly Collections of Rs. 4,741 million in Q1FY23, up 70% YoY Improved realizations by 16% and 13% YoY and QoQ respectively Q1FY23 sales bookings of 0.61 msf, up 53% YoY Commenting on the performance for Q1 FY2023, Mr. Rahul Talele, Group CEO, Kolte-Patil Developers Limited said, “We have entered FY23 carrying the momentum of the previous year that saw Kolte-Patil deliver in line with our stated pre-sales guidance in a weak operating environment largely on the back of a sustenance projects based portfolio. During Q1 FY23, on the operational front, the company's sales bookings stood at 0.61 million square feet with a value of Rs. 445 crore, a growth of 53% in volume and 79% in value compared to Q1 FY22. Along with sales bookings, project execution activity remained strong and collections from customers increased to Rs. 474 crore during the quarter compared to Rs. 279 crore in Q1 of the preceding year, a growth of 70%. Price realization has seen a significant jump based on several factors – including higher realizations in ongoing sales from projects across the board, increasing realization from sales in our Pune-based inventory and strong sales momentum in Mumbai. This has led to an improvement in APR from Rs. 6,418 per square feet in Q4 FY22 to Rs. 7,260 per square feet in Q1 FY23. We now expect to deliver 25-30% sales growth by value in FY23. We have a pipeline of projects lined up for launch in the coming months, across Pune, Mumbai and Bengaluru with aggregate saleable area of 8.95 million square feet and topline potential of ~ Rs. 6,300 crore. Additionally, we remain focused on meeting our Rs. 7,000 crore business development target for the current financial year. As a part of this plan, we continue to evaluate opportunities such as the acquisition of Pune-based Sampada Realties announced yesterday. This particular transaction provides a revenue opportunity of Rs. 1,400 crore at Kiwale in Pune, with all regulatory approvals in place and we expect to start launching in phases in the coming quarter. We will continue to add more projects to our portfolio by leveraging our market visibility and balance sheet position for growth. Today, with the residential real estate segment is in a structural upcycle, we expect the demand momentum to continue for the next three to five years and we are positioning our organizational resources accordingly. Despite the rise in interest rates, affordability is still at its best backed by strong wage growth trends and limited price growth. The underlying structural drivers of demand remain strong and customers continue to favor developers and projects that provide the comfort of reliability, credibility and a strong track record. To summarize, Kolte-Patil has a long legacy of strong customer relationships and now with the growing framework of new projects in our network, we are confident in our ability to drive growth, deliver on targets and deliver long-term value for all stakeholders." Result PDF12-08-2022
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release - Q1FY23 Results12-08-2022
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Announcement under Regulation 30 (LODR)-Investor Presentation
Results Q1 FY 23 presentation12-08-2022
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting - approved unaudited financial results for the quarter ended 30 June 202212-08-2022
KOLTE-PATIL DEVELOPERS LTD. - 532924 - Unaudited Financial Results For The Quarter Ended 30 June 2022
Unaudited Financial Results for the quarter ended 30 June 202212-08-2022