According to the research firm, during 4QFY19E, aggregate revenue will grow 11.2 percent, EBIDTA at 32.8 percent and APAT will grow at 28.1 percent YoY.
Net Sales are expected to increase by 31.2 percent Y-o-Y (up 66 percent Q-o-Q) to Rs. 350 crore, according to HDFC Securities.
Net Sales are expected to increase by 33.6 percent Y-o-Y (down 22 percent Q-o-Q) to Rs. 305 crore, according to HDFC Securities.
Kolte-Patil Developers posted a good set of earnings in Q4. In an interview to CNBC-TV18, Gopal Sarda, CEO-Mumbai & Group President of Kolte-Patil Developers spoke about the results and his outlook for the company.
Net Sales are expected to decrease by 28.9 percent Q-o-Q (down 12.5 percent Y-o-Y) to Rs 160 crore, according to HDFC Securities. Kolte-Patil Developers to report net profit at 10 crore down 7% quarter-on-quarter.
Net Sales are expected to decrease by 13.6 percent Q-o-Q (up 18.6 percent Y-o-Y) to Rs 200 crore, according to HDFC Securities.
Gopal Sarda, regional head - Mumbai at Kolte Patil, says the company hasn't undertaken any price cuts
Sujay Kalele, Group CEO, Kolte-Patil Developers told CNBC-TV18 that delay in revenue recognition for two projects impacted second quarter earnings.
The company reported a consolidated total income from operations of Rs 175.63 crore and a net profit of Rs 14.47 crore for the quarter ended Jun '15.
Kolte-Patil Developers‘ third quarter (October-December) profit after tax declined 3 percent year-on-year (up 56 percent sequentially) to Rs 19.8 crore, impacted by higher tax, finance cost and lower other income.
Sujay Kalele- managing director, Kolte Patil Developers says the company's Q2 sales were similar to Q1.
Despite the challenging environment, the company posted strong numbers in Q2. Speaking to CNBC-TV18 on the same, Kalele says realisations were delayed due to slow construction activities.
Sujay Kalele, Group CEO of Kolte-Patil Developers Ltd told CNBC-TV18 that his expectation for the overall sales for this particular year is about 2.5-3 million square feet.
The company has improved on margins this quarter substantially, says Sujay Kalele, Group CEO, Kolte-Patil Developers. Talking to CNBC-TV18, he says the net profit for the quarter stands at about Rs 45 crore, as against Rs 30 crore in the previous quarter.
Sujay Kalele, Chief Executive Officer of Kolte-Patil Developers credits realty developer‘s projects in Pune and Bangalore for their robust performance in the second quarter
Sujay Kalele, vice chairman, Kolte-Patil Developers in an interview with CNBC-TV18 said, "The residential segment is doing very good. We have received phenomenal response for all the projects. The commercial demand is slowly picking up."