Kolte Patil Q3 FY26 Sales ₹605 Cr, Collections ₹709 Cr; Signs Pune Project GDV ₹850 Cr
Kolte-Patil reported Q3 FY26 sales of ₹605 crore and record collections of ₹709 crore, up 19% QoQ. 9M FY26 sales reached ₹1,891 crore with collections at ₹1,855 crore. The company signed a JDA for a Pune project with ₹850 crore GDV and acquired projects worth ₹2,250 crore in 9M FY26. Realizations hit a record ₹8,726 per sq. ft.
The operational update provides key financial and sales metrics, along with new project acquisitions, which are significant for investors and stakeholders to assess the company's performance and future growth prospects.
The announcement highlights record collections, highest ever quarterly and 9M collections, and all-time high realisations, indicating strong operational performance and positive business momentum.
Kolte-Patil Developers Limited has announced its operational update for the third quarter (Q3) and the first nine months (9M) of the fiscal year 2026, ending December 31, 2025.
In Q3 FY26, the company reported sales value at ₹605 crore, with launches of 2.19 million sq. ft. occurring late in the quarter, meaning a significant portion of sales from these new launches will be recognized in Q4 FY26. The company's flagship integrated township, Life Republic, contributed 0.38 million sq. ft. of sales in Q3 FY26.
Collections for Q3 FY26 reached a record ₹709 crore, marking a 19% increase quarter-on-quarter (QoQ) and a 25% year-on-year (YoY) growth. Cumulative collections for 9M FY26 stood at ₹1,855 crore, the highest level achieved historically. Realizations in Q3 FY26 were ₹8,726 per sq. ft., a 12% QoQ increase and a historical high, attributed to pricing power and sustained demand.
For the nine months ended 31st December 2025, sales value was ₹1,891 crore. The company launched 3.71 million sq. ft. during this period.
In terms of business development, in January 2026, Kolte-Patil signed a joint development agreement for a residential project in Bhugaon, Pune. This project spans approximately 5 acres, offering about 1.1 million sq. ft. of saleable area with an estimated Gross Developable Value (GDV) of ₹850 crore. For the 9M FY26 period, the company acquired projects with an aggregate GDV of approximately ₹2,250 crore, covering around 3 million sq. ft. of saleable area.
Mr. Rajesh Patil, Managing Director of Kolte-Patil Developers Limited, commented, “Over the nine months of FY26, we delivered steady performance with sales of ₹1,891 crore and record collections of ₹1,855 crore as well as all-time high realization of ₹8,726 per sq. ft., reflecting sustained positive momentum across our portfolio and in the sector. Fundamentals across our markets have remained stable coupled with continued preference for projects by reputed developers with a strong track record. We continue to undertake accretive acquisitions by selectively pursuing attractive opportunities in good locations across key markets to enhance long-term business prospects.”
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