Kolte-Patil Developers Shatters Q3 Earnings Record; Stock to Watch Tomorrow

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CNBC Awaaz•15-01-2026, 10:22
Kolte-Patil Developers Shatters Q3 Earnings Record; Stock to Watch Tomorrow
- •Kolte-Patil Developers recorded an all-time high quarterly collection of ₹709 crore in Q3FY26, a 19% QoQ increase.
- •Sales value for Q3FY26 reached ₹605 crore, contributing to ₹1,891 crore in sales and ₹1,855 crore in collections for 9MFY26, both historically highest.
- •Realization per square foot hit an all-time high of ₹8,726 in Q3FY26, up 12% QoQ, driven by pricing power and Mumbai's contribution.
- •The company signed a Joint Development Agreement for a new residential project in Bhugaon, Pune, with an estimated GDV of ₹850 crore.
- •Managing Director Rajesh Patil highlighted strong performance and strategic project acquisitions in attractive locations.
Why It Matters: Kolte-Patil Developers achieved record Q3 collections and realizations, signaling strong growth and future potential.
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