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Kolte-Patil skids after Pabrai Investment Funds cut stake business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Read more about Kolte Patil reports Q4 PAT at Rs 21 cr on Business Standard. On a consolidated basis, Kolte-Patil Developers net profit stood at Rs 20.90 crore in Q4 FY21 compared with net loss of Rs 2.18 crore in Q4 FY20. ....
The volume of Kolte-Patil Developers jumped 27.1% to 0.85 million square feet (sq. ft.) in Q4 FY21 over 0.67 million sq. ft. in Q4 FY20. Strong sales momentum sustained in Q4 FY21 across regions, projects and product categories. Sale value surged 42.7% to Rs 510.90 crore in Q4 FY21 as against Rs 358.10 crore in Q4 FY20. Sales realization soared 12.3% to Rs 5,988 per sq. ft. in Q4 FY21 from Rs 5,333 per sq. ft. in Q4 FY20. Realizations improved both in Q4 and FY21 due to increased contribution from Mumbai portfolio. Collections spurted 16.8% to Rs 441.50 crore in Q4 FY21 as compared to Rs 378.10 crore in Q4 FY20. The Q4 FY21 collections were the highest ever in the company s three-decade history. ....