+
Kolte-Patil Reports Record Collections And Steady Sales In FY26
Real Estate

Kolte-Patil Reports Record Collections And Steady Sales In FY26

Pune, April 16, 2026: Kolte-Patil Developers Limited reported operational results for quarter four of FY26, with new area sales of Rs 7,140 mn and quarterly collections of Rs 8,340 mn. Annual new area sales stood at Rs 26.05 bn while annual collections were Rs 26.89 bn, representing year-on-year growth in collections. The company attributed the quarter's sales to a strong response to new launches and sustained portfolio sales driven by execution.

The Life Republic integrated township contributed zero point three seven million square feet (mn sq. ft.) of sales in quarter four and one point seven eight million square feet in FY26, remaining the principal volume driver. The company launched approximately one million square feet in the quarter and about four point six million square feet for the year. Average price realisation rose to Rs 9,601 per sq. ft. in quarter four and Rs 8,314 per sq. ft. for FY26, up 10 per cent quarter-on-quarter and seven per cent year-on-year respectively.

Record collections were reported at Rs 8,340 mn for the quarter and Rs 26.89 bn for the year, supported by steady sales momentum and disciplined construction execution that delivered a five-year compound annual growth rate of 19 per cent in collections. New area sales volume for the year was three point one three mn sq. ft., lower year-on-year while improved realisation helped value retention. During the year the company acquired projects in Bhugaon with an aggregate gross development value of Rs 22.5 bn and about three million square feet of development potential.

Funds affiliated with Blackstone acquired a 40 per cent stake during the year and the company made senior leadership additions intended to drive performance. Management described the strategic partnership as a foundation for improved efficiencies, sharper execution and capital discipline while retaining a focus on timely delivery. Kolte-Patil reiterated its position as a leading residential developer across Pune, Mumbai and Bengaluru with a diversified portfolio and an emphasis on governance and quality.

Pune, April 16, 2026: Kolte-Patil Developers Limited reported operational results for quarter four of FY26, with new area sales of Rs 7,140 mn and quarterly collections of Rs 8,340 mn. Annual new area sales stood at Rs 26.05 bn while annual collections were Rs 26.89 bn, representing year-on-year growth in collections. The company attributed the quarter's sales to a strong response to new launches and sustained portfolio sales driven by execution. The Life Republic integrated township contributed zero point three seven million square feet (mn sq. ft.) of sales in quarter four and one point seven eight million square feet in FY26, remaining the principal volume driver. The company launched approximately one million square feet in the quarter and about four point six million square feet for the year. Average price realisation rose to Rs 9,601 per sq. ft. in quarter four and Rs 8,314 per sq. ft. for FY26, up 10 per cent quarter-on-quarter and seven per cent year-on-year respectively. Record collections were reported at Rs 8,340 mn for the quarter and Rs 26.89 bn for the year, supported by steady sales momentum and disciplined construction execution that delivered a five-year compound annual growth rate of 19 per cent in collections. New area sales volume for the year was three point one three mn sq. ft., lower year-on-year while improved realisation helped value retention. During the year the company acquired projects in Bhugaon with an aggregate gross development value of Rs 22.5 bn and about three million square feet of development potential. Funds affiliated with Blackstone acquired a 40 per cent stake during the year and the company made senior leadership additions intended to drive performance. Management described the strategic partnership as a foundation for improved efficiencies, sharper execution and capital discipline while retaining a focus on timely delivery. Kolte-Patil reiterated its position as a leading residential developer across Pune, Mumbai and Bengaluru with a diversified portfolio and an emphasis on governance and quality.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code