Kolte Patil Q2 FY27 Sales Surge 52% YoY to ₹1,019 Crore; Mumbai Expansion Adds ₹6,000 Crore GDV
Kolte - Patil Developers Limited reported highest-ever quarterly sales of ₹1,019 crore in Q2 FY27, up 52% YoY. H1 FY27 sales reached ₹1,636 crore, up 27% YoY. The company signed six Mumbai projects worth ₹6,000 crore GDV and had a record launch of ‘Vyana at The Reserve’ generating ₹616 crore.
The announcement includes record sales, significant expansion into a key market (Mumbai) with a large GDV, and a successful project launch, all of which are material positive developments for the company.
The company reported record-breaking sales figures for both the quarter and half-year, alongside a landmark expansion in Mumbai and a highly successful project launch, indicating strong positive business momentum.
Kolte - Patil Developers Limited (KPDL) announced a robust operational performance for the quarter and half-year ended September 30, 2026. The company achieved its highest-ever quarterly sales at ₹1,019 crore in Q2 FY27, representing a significant 52% year-on-year increase. For the first half of FY27 (H1 FY27), sales reached a record ₹1,636 crore, up 27% year-on-year.
KPDL also reported its strongest-ever launch performance with the project ‘Vyana at The Reserve’ in Pune, which generated sales of ₹616 crore. Collections for Q2 FY27 grew by 33% year-on-year to ₹795 crore, and for H1 FY27, collections stood at ₹1,509 crore, an increase of 32% year-on-year.
The company further marked a landmark expansion in the Mumbai Metropolitan Region (MMR) by signing six redevelopment projects with an estimated combined Gross Development Value (GDV) of ₹6,000 crore. This represents KPDL’s largest annual business development addition in Mumbai to date.
Commenting on the performance, Mr. Hrishikesh Parandekar, Chief Executive Officer, highlighted the resilience of the business and the appeal of KPDL's brand. He noted the long-term favourable fundamentals of India's residential real estate market, driven by urbanization and increasing preference for quality housing. The company's strategic focus on deepening market presence and expanding its development portfolio, particularly with the new Mumbai projects, positions it for sustainable growth.
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