Pune: Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL; KPDL), a leading Pune-based real estate company with a presence in Mumbai and Bengaluru, announced its operational update for the quarter and half-year ended September 30, 2025.
The Kolte-Patil Developers Q2FY26 performance reflected steady growth across key parameters, underscoring strong demand momentum and strategic expansion.
Kolte-Patil Developers Q2FY26 Operational Highlights
- Sales value stood at ₹670 crore, up 9% quarter-on-quarter (QoQ).
- Sales volume reached 0.86 million sq. ft., marking 2% QoQ growth.
- Collections rose 8% QoQ to ₹596 crore, supported by healthy project execution.
- Realization improved 7% QoQ and 5% YoY to ₹7,823 per sq. ft.
- Flagship project Life Republic contributed 0.51 million sq. ft. in sales volume during the quarter.
During October 2025, the company acquired a 7.5-acre land parcel in Bhugaon, Pune, with an estimated saleable area of 1.9 million sq. ft. and a Gross Development Value (GDV) of around ₹1,400 crore.
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Half-Yearly Performance (H1FY26)
For the first half of FY26, Kolte-Patil reported sales of ₹1,286 crore, collections of ₹1,146 crore, and realization of ₹7,582 per sq. ft.
Kolte-Patil Developers Q2FY26 Strategic Update: Blackstone Partnership Deepens
An important milestone during the quarter was Blackstone’s increased shareholding to 40% in Kolte-Patil Developers. The collaboration is expected to strengthen the company’s growth roadmap through faster expansion, innovation, and reinforced sectoral leadership.
Rajesh Patil, Managing Director, Kolte-Patil Developers Limited, said: “We have reported healthy sequential growth of 9% in pre-sales and 8% in collections. We remain optimistic about the real estate demand scenario amid steady economic growth, a benign interest rate environment, and declining inflation. The recent Bhugaon acquisition and our strengthened partnership with Blackstone mark significant steps in our growth journey.”
