Shares of Kolte-Patil Developers Ltd rose 6.40% to Rs 414.10 in early trade on Monday after the company posted a strong turnaround in its March quarter earnings. The stock gained Rs 24.90 from its previous close of Rs 389.20, taking its market capitalization to Rs 31.58 billion.
For the quarter ended March 2025, the company reported a net profit of Rs 65.29 crore, compared to a net loss of Rs 27.11 crore in the same period last year. Revenue from operations rose 36.53% YoY to Rs 718.67 crore, up from Rs 526.38 crore in Q4 FY24.
Operating performance also improved substantially:
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Operating Profit Margin (OPM) turned positive at 14.80%, versus -4.01% last year.
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Profit before depreciation and tax (PBDT) came in at Rs 105.51 crore, compared to a loss of Rs 40.78 crore.
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Profit before tax (PBT) was Rs 101.26 crore, against a loss of Rs 44.63 crore.
For the full financial year FY25, the company reported a net profit of Rs 106.56 crore, compared to a net loss of Rs 69.35 crore in FY24. Annual revenue rose 25.22% YoY to Rs 1,717.38 crore, from Rs 1,371.48 crore in the previous year.
The strong recovery in operating and bottom-line metrics highlights Kolte-Patil’s effective execution and improved demand momentum in the real estate sector.
The stock currently trades at a P/E ratio of 222.70 and offers a dividend yield of 0.96% on the NSE.
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