Business · Companies · 3 hrs ago
Kolte-Patil sales bookings rise 52% to a record ₹1,019 crore
Kolte-Patil Developers booked a record ₹1,019 crore in sales in the July-September quarter of fiscal 2026-27.
The Pune-based company’s bookings were 52% higher than a year earlier, when they totalled ₹670 crore.
For the first half of the fiscal year, bookings reached a record ₹1,636 crore, up 27% from the same period a year earlier.
The developer said sales were strong in new projects and continued across its existing projects.
The company reported strong results despite softer housing demand, particularly in Pune, which it said had weakened in the near term.
Kolte-Patil operates in Pune, Mumbai and Bengaluru, but no next step was announced.
Kolte-Patil Developers reported record sales bookings of ₹1,019 crore for the July-September quarter of fiscal 2026-27, up 52 per cent year-on-year.
Bookings were ₹670 crore in the same quarter a year earlier.
For the first half of the fiscal year, bookings reached a record ₹1,636 crore, up 27 per cent from ₹1,286 crore.
The company attributed the quarterly increase to better demand for its housing projects.
CEO Hrishikesh Parandekar said demand had softened in the broader market, particularly in Pune, but the company continued to deliver strong business momentum.
- Who
- Kolte-Patil Developers Ltd.
- What
- Sales bookings rose 52 per cent to a record ₹1,019 crore in the July-September quarter.
- When
- July-September 2026, the second quarter of fiscal 2026-27.
- Where
- The company is based in Pune and has projects across Pune, Mumbai and Bengaluru.
- Why
- The company said the increase reflected better demand for its housing projects.
This story does not have two clearly opposing sides.
Kolte-Patil sales bookings were ₹670 crore in the year-ago period.
The company recorded quarterly sales bookings of ₹1,019 crore.
Sales bookings reached a record ₹1,636 crore.
- Quarterly bookings
- ₹1,019 crore
- Year-on-year growth
- 52 per cent
- Year-ago quarterly bookings
- ₹670 crore
- First-half bookings
- ₹1,636 crore
- First-half year-on-year growth
- 27 per cent
What people are saying
Our robust performance in Q2 and H1 FY27, with record quarterly and half-yearly sales and strong collections, reflects the resilience of our business.
While demand has softened in the near term across the broader market, particularly in Pune, we have continued to deliver strong business momentum.
Sources
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