Kalpataru Limited has released its key operational updates for the third quarter and nine months ended December 31, 2025, presenting a mixed performance picture with strong collections growth offsetting a decline in pre-sales during the quarter.

Q3FY26 Quarterly Performance

The company's third quarter performance showed contrasting trends in its key operational metrics. Collections demonstrated robust growth while pre-sales faced headwinds during the period.

The 17% year-on-year increase in collections to ₹1,101.00 crores indicates strong execution and cash flow generation capabilities. However, pre-sales declined by 14% to ₹870.00 crores compared to ₹1,008.00 crores in the corresponding quarter of the previous fiscal year.

Nine-Month Cumulative Performance

The nine-month performance presents a more encouraging picture, with both key metrics showing substantial growth compared to the same period in the previous fiscal year.

The cumulative nine-month figures demonstrate strong operational momentum with pre-sales growing 23% to ₹3,447.00 crores and collections increasing by 30% to ₹3,409.00 crores. This performance indicates sustained business growth and improved collection efficiency over the extended period.

Regulatory Compliance and Disclosure

The operational updates were filed under Regulation 30 with both the National Stock Exchange of India Limited and BSE Limited on January 12, 2026. The company has noted that these figures are provisional and subject to limited review, maintaining transparency in its financial reporting process.

The information has been made available on the company's investor relations website, ensuring comprehensive stakeholder communication. Executive Director Narendra Kumar Lodha signed the disclosure, emphasizing the company's commitment to regulatory compliance and timely information dissemination to investors and market participants.

Kalpataru Limited has informed stock exchanges about a significant tax demand received by its subsidiary, highlighting regulatory challenges in the real estate sector. The company disclosed the development under SEBI listing regulations on December 31, 2025.

CGST Demand Details

Kalpataru Properties Thane Private Limited (KPTPL), a wholly owned subsidiary of Kalpataru Limited, received a demand order from the Joint Commissioner of CGST, Mumbai West on December 31, 2025. The order was issued under section 74 of the CGST Act and pertains to financial year 2018-19.

Alleged Violations

The CGST demand order identifies three specific contraventions related to tax compliance and Input Tax Credit (ITC) claims:

These violations indicate compliance issues in income reporting and Input Tax Credit management during the financial year 2018-19.

Company's Response Strategy

Kalpataru Properties Thane Private Limited has outlined its response to the demand order, expressing confidence in challenging the allegations. The subsidiary believes the demand is not sustainable and plans to file an appeal with the appropriate Appellate Authority.

Financial and Operational Impact

Despite the substantial demand amount of ₹6.56 crores plus interest and penalties, Kalpataru Limited has stated that this order does not have a material financial impact on the company. This assessment suggests the parent company's financial position remains stable despite the subsidiary's tax challenges.

The disclosure was made pursuant to SEBI Listing Regulations and has been simultaneously published on the company's investor relations website, ensuring transparency with stakeholders and regulatory compliance.