Compared to Q4 FY25, the sales value declined by 2.3% from ₹631 crore, while average realisation fell 7.2% from ₹7,904 per square feet. On a year-on-year basis, sales volume was down 12.5% and collections declined 10.1%.
Kolte-Patil also noted that collections during the quarter were aligned with the contracted schedule and included contributions from DMA projects.Also Read: Blackstone fund to invest ₹1,800 crore in Kolte-Patil; its first bet on residential real estate
The company noted that on June 23, 2025, BREP Asia III India Holding Co VII Pte. Ltd. acquired a 14.3% stake in Kolte-Patil Developers through a preferential allotment of equity shares.Atul Bohra, Group CEO, Kolte-Patil Developers, said, “FY26 commenced with consistent operational performance on the back of sustained demand. Sales volume of 0.84 million square feet improved by 5% QoQ. Collections of ₹550 crore for the quarter are in line with the contracted schedule.
We have a robust pipeline of launches across Pune and Mumbai in the coming quarters, which is expected to drive healthy growth in FY26. Our upcoming projects, coupled with the sustenance inventory, will drive sales as the year progresses. I am happy to share that Blackstone Funds now owns a 14.3% equity stake in our company.”
Also Read: Kolte-Patil Developers returns to profit in Q3, revenue zooms over 4x
Shares of Kolte-Patil Developers Ltd ended at ₹455.35, down by ₹13.85, or 2.95%, on the BSE.
