Kolte Patil Developers has reported its third quarter consolidated financial results, revealing a significant decline in profitability, revenue performance, and operational efficiency compared to the same period in the previous year.

Financial Performance Overview

The real estate developer's financial metrics showed substantial year-on-year contractions across key parameters during the third quarter period, with both bottom-line and operational profitability facing significant pressure.

Profitability Analysis

The company's consolidated net profit experienced a sharp decline, falling to ₹45 million in the third quarter compared to ₹253 million achieved in the corresponding quarter of the previous year. This represents a substantial decrease of 82.21% year-on-year, indicating significant pressure on the company's bottom-line performance during the reporting period.

Operational Efficiency Metrics

EBITDA performance also deteriorated significantly, declining to ₹81 million from ₹256 million in the previous year, marking a 68.36% year-on-year decrease. The EBITDA margin compressed substantially to 3.05% from 7.31% in the corresponding quarter of the previous year, reflecting reduced operational efficiency and margin pressure across the business operations.

Revenue Performance

Revenue generation faced headwinds during the quarter, with total revenue declining to ₹2.65 billion from ₹3.50 billion recorded in the same quarter of the previous year. The 24.29% year-on-year decrease in revenue reflects reduced business activity and lower sales realization during the third quarter period.

Market Context

The financial results highlight the comprehensive challenges faced by Kolte-Patil Developers during the third quarter, with revenue, operational profitability, and net profit metrics all showing significant contractions compared to the previous year's performance. The substantial decline in both net profit and EBITDA margins indicates operational difficulties and reduced efficiency in converting revenue to earnings during the reporting period.

Kolte Patil Developers Limited has announced that its Board of Directors will meet on February 5, 2026, to review and approve the company's quarterly financial performance. The meeting represents a key milestone in the company's financial reporting calendar as it prepares to disclose its third-quarter results.

Board Meeting Details

The board meeting has been scheduled with specific parameters to ensure compliance with regulatory requirements and stakeholder transparency.

Financial Results Review

The primary agenda of the board meeting focuses on the comprehensive review of the company's financial performance for the specified reporting period. The directors will consider and approve both standalone and consolidated financial statements.

Regulatory Compliance

The announcement demonstrates the company's adherence to securities market regulations and transparency requirements. The notification was formally communicated to stock exchanges as part of mandatory disclosure obligations.

The company has provided comprehensive stock exchange details including NSE symbol KOLTEPATIL with EQ series and BSE codes 9624 and 532924 for equity securities. Additionally, the company maintains multiple debt securities with specific ISIN codes and BSE security identifiers.

Corporate Communication

Company Secretary and Compliance Officer Vinod Patil, with membership number A13258, signed the official communication on January 28, 2026. The announcement was simultaneously sent to both the National Stock Exchange of India Limited and BSE Limited, ensuring all relevant stakeholders receive timely information about the upcoming board deliberations.