{"id":22302,"date":"2022-02-09T11:52:23","date_gmt":"2022-02-09T06:22:23","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-results-kolte-patil\/"},"modified":"2022-02-09T12:07:57","modified_gmt":"2022-02-09T06:37:57","slug":"biz-results-kolte-patil","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-results-kolte-patil\/","title":{"rendered":"Kolte-Patil Developers Q3 profit dips 76% to Rs 5.37 cr; revenue up 26% to Rs 244.7 cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1345208600\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Feb 9 (PTI) Realty firm Kolte-Patil Developers Ltd has reported a 76 per cent decline in its consolidated net profit at Rs 5.37 crore for the quarter ended December.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-97012124\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> Its net profit stood at Rs 22.47 crore in the year-ago period.<\/p>\n<p> Total income rose to Rs 244.7 crore in the third quarter of this fiscal year, from Rs 194.66 crore in the corresponding period of the previous year, according to a regulatory filing.<\/p>\n<p> On the operational front, the company&#8217;s sales bookings rose 77 per cent to Rs 561.3 crore during October-December quarter, from Rs 317 crore in the year-ago period.<\/p><div class=\"trade-content_5\" id=\"trade-3511614468\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Rahul Talele, Group CEO, Kolte-Patil Developers Ltd, said: &#8220;We have hit significant sales milestones in Q3 FY22, which has been our best-ever quarter in the last seven years both in terms of sales volume and value.&#8221; \t The company has now achieved sales value of Rs 1,238.4 crore in the first nine months of this fiscal year, up 83 per cent from Rs 675.6 crore in the year-ago period.<\/p>\n<p> The sales bookings have already crossed the Rs 1,201-crore mark achieved in the full 2020-21 financial year.<\/p>\n<p> &#8220;Overall, our business has the momentum to end FY22 on a strong note,&#8221; he said.<\/p>\n<p> Pune-based Kolte-Patil Developers Ltd also has presence in Mumbai and Bengaluru.<\/p>\n<p> The company has developed and constructed over 50 projects including residential complexes, integrated townships, commercial complexes and IT Parks covering a saleable area of around 20 million square feet across Pune, Mumbai and Bengaluru. PTI MJH  DRR<\/p>\n<div class=\"trade-after-content\" id=\"trade-4195965866\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Feb 9 (PTI) Realty firm Kolte-Patil Developers Ltd has reported a 76 per cent decline in its consolidated net profit at Rs 5.37 crore for the quarter ended December. Its net profit stood at Rs 22.47 crore in the year-ago period. Total income rose to Rs 244.7 crore in the third quarter of [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-22302","post","type-post","status-publish","format-standard","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kolte-Patil Developers Q3 profit dips 76% to Rs 5.37 cr; revenue up 26% to Rs 244.7 cr - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-results-kolte-patil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kolte-Patil Developers Q3 profit dips 76% to Rs 5.37 cr; revenue up 26% to Rs 244.7 cr\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Feb 9 (PTI) Realty firm Kolte-Patil Developers Ltd has reported a 76 per cent decline in its consolidated net profit at Rs 5.37 crore for the quarter ended December. 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