Kolte-Patil Q4 net profit at Rs20.9cr, sales surge to Rs296cr; Stock up 1%
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June 01, 2021 10:01 IST India Infoline News Service Kolte-Patil Developers Ltd. (KPDL), a leading Pune-based real estate player, with a growing presence in Mumbai and Bengaluru, announced its results for the fourth quarter and year ended March 31, 2021. The company’s consolidated net profit stood at Rs20.9cr in Q4FY21 compared with a net loss of Rs16.5cr in Q4FY20. Revenue from Operations surged to Rs296cr in Q4FY21 as against Rs221.7cr in Q4FY20. EBITDA stood at Rs38.9cr in Q4FY21 as against Rs3.8cr in Q4FY20. EBITDA margin improved to 13.1% in Q4FY21 from 1.7% in Q4FY20. Volumes jumped 27.1% to 0.85 million sq. ft. in Q4FY21 as compared to 0.67 million sq. ft. in Q4FY20. Value spurted 42.7% to Rs510.90cr in Q4FY21 as against Rs358.10c ...
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