Kolte-Patil Developers surges 16% after Q1 PAT turns positive
Mumbai, Aug. 11 -- On a consolidated basis, adjusted net profit stood at Rs 146.26 crore in Q1 FY27, compared with an adjusted net loss of Rs 16.99 crore in Q1 FY26 and Rs 15.98 crore in Q4 FY26.
Net sales rose 1,016.5% YoY and 269.9% QoQ to Rs 919.54 crore during the quarter.
Profit before tax stood at Rs 199.49 crore in Q1 FY27, compared with a pre-tax loss of Rs 22.20 crore in Q1 FY26 and Rs 1.93 crore in Q4 FY26.
On the cost front, total expenses increased 552.8% YoY and 184.5% QoQ to Rs 734.62 crore. Employee expenses rose 24.4% YoY to Rs 29.64 crore. Interest costs declined 66.6% YoY to Rs 2.25 crore, while depreciation and amortisation expenses increased 8.8% YoY to Rs 4.59 crore.
Adjusted EBITDA stood at Rs 206 crore in Q1 FY2...
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