Kolte-Patil Developers Achieves Record Q3 Collections, Strong Sales Growth

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CNBC TV18•14-01-2026, 20:01
Kolte-Patil Developers Achieves Record Q3 Collections, Strong Sales Growth
- •Kolte-Patil Developers reported Q3 FY26 sales of ₹605 crore and record quarterly collections of ₹709 crore, a 19% QoQ growth.
- •For the nine months ended December 31, 2025, sales reached ₹1,891 crore and collections ₹1,855 crore, marking historical highs with 7% YoY growth.
- •The flagship Life Republic township significantly contributed, with sales of 0.38 million sq ft in Q3 FY26 and 1.41 million sq ft over nine months.
- •Realisations increased 12% QoQ to ₹8,726 per sq ft, attributed to pricing power, sustained demand, and higher contribution from Mumbai.
- •The company signed a joint development agreement for a residential project in Bhugaon, Pune, with an estimated GDV of ₹850 crore.
Why It Matters: Kolte-Patil Developers achieved record Q3 collections and strong sales, driven by existing inventory and strategic acquisitions.
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