Kolte-Patil posts strong Q2, H1 FY26 results with strategic investments

Kolte-Patil Developers Limited reported significant Q2 FY26 pre-sales valued at ₹670 crore, a 9% quarter-over-quarter (QoQ) increase, and collections reaching ₹596 crore, up 8% QoQ. Average price realization grew by 7% QoQ to ₹7,823 per sq. ft., contributing to a total income of ₹162 crore. For H1 FY26, pre-sales stood at ₹1,286 crore with collections of ₹1,146 crore.

A key strategic development during Q2 FY26 was Blackstone's increased stake to 40% in the company. In October 2025, Kolte-Patil also acquired a 7.5-acre land parcel with an estimated saleable area of 1.9 m. sq. ft. and a gross development value (GDV) of approximately ₹1,400 crore, expanding its project portfolio across Pune, Mumbai, and Bengaluru. The company maintains a strong project portfolio of 36.7 m. sq. ft. with a top-line potential of ~₹29,400 crore.

Kolte-Patil’s net debt stood at (₹365) crore in H1 FY26, reflecting a sound financial position. The company has also been assigned a 'CRISIL AA-/Stable' rating, underscoring its focus on corporate governance and financial prudence.