The company's sales bookings stood at 0.61 million square feet with a value of Rs. 445 crore, a growth of 53% in volume and 79% in value compared to Q1 FY22.

The company's Net Profit stood at Rs.21.2 crore for the quarter.

Kolte-Patil Developers Ltd., a Pune-based real estate player, with growing presence in Mumbai and Bengaluru, announced its results for the first quarter FY 2023.

The company's revenue from Operations stood at Rs.200.1 crore for the quarter, while Net Profit stood at Rs.21.2 crore.

The company's sales bookings stood at 0.61 million square feet with a value of Rs. 445 crore, a growth of 53% in volume and 79% in value compared to Q1 FY22.

Rahul Talele, Group CEO, Kolte-Patil Developers Limited said,"Along with sales bookings, project execution activity remained strong and collections from customers increased to Rs. 474 crore during the quarter compared to Rs. 279 crore in Q1 of the preceding year, a growth of 70%."