Kolte Patil Developers announced that the Board of Directors of the Company at its meeting held on 24 May 2024, has recommended a Final dividend of Rs.4 per share (i.e.40%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net loss of Kolte Patil Developers reported to Rs 27.11 crore in the quarter ended March 2024 as against net profit of Rs 117.43 crore during the previous quarter ended March 2023. Sales declined 33.95% to Rs 526.38 crore in the quarter ended March 2024 as against Rs 796.93 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 69.35 crore in the year ended March 2024 as against net profit of Rs 104.06 crore during the previous year ended March 2023. Sales declined 7.86% to Rs 1371.48 crore in the year ended March 2024 as against Rs 1488.43 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales526.38796.93 -34 1371.481488.43 -8 OPM %-4.0121.72 -1.3012.61 - PBDT-40.78174.15 PL -56.68179.65 PL PBT-44.63171.63 PL -70.87168.09 PL NP-27.11117.43 PL -69.35104.06 PL Powered by Capital Market - Live News

Kolte Patil Developers will hold a meeting of the Board of Directors of the Company on 19 March 2024.Powered by Capital Market - Live News

Net Loss of Kolte Patil Developers reported to Rs 62.89 crore in the quarter ended December 2023 as against net loss of Rs 25.80 crore during the previous quarter ended December 2022. Sales declined 79.41% to Rs 75.79 crore in the quarter ended December 2023 as against Rs 368.08 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales75.79368.08 -79 OPM %-52.98-7.03 - PBDT-63.06-33.88 -86 PBT-67.24-37.17 -81 NP-62.89-25.80 -144 Powered by Capital Market - Live News

Kolte Patil Developers has signed two new society re-development projects in the western suburbs of Mumbai with totalsaleable area of ~3.06 lakh square feet translating into top-line potential of Rs 545 crore. The two acquired projects are at strategic locations in prime residential areas, Dahisar and Versova/ Powered by Capital Market - Live News