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Kolte-Patil reports losses despite Blackstone stake purchase

July 29, 2025 at 04:59 PM UTCBy FilingReader AI

Kolte-Patil Developers reported Q1 losses with adjusted EBITDA of negative Rs. 11.2 crore and net loss of Rs. 17.0 crore, despite sales rising 5% to 0.84 million sq. ft.

Blackstone Funds acquired a 14.3% equity stake, investing Rs. 417 crore in the Indian property developer.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:KOLTEPATILBombay Stock Exchange

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