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Kalpataru Ltd reported a multi-fold increase in consolidated net profit during the March quarter of FY26, supported by higher income, record pre-sales and sustained housing demand across key residential markets. The company posted a net profit of INR 200.47 crore during the quarter compared to INR 14.05 crore in the corresponding period last year. Total income for the quarter rose to INR 1,728.69 crore from INR 667.20 crore a year earlier. During FY26, Kalpataru achieved its highest-ever annual pre-sales of INR 5,280 crore and collections of INR 4,960 crore. The developer attributed the performance to strong execution, project completions and healthy demand across multiple micro-markets. The company currently has 31 ongoing and forthcoming projects spanning over 43.3 million sq ft across Mumbai Metropolitan Region and other major Indian cities.
Kalpataru Ltd reported a significant increase in consolidated net profit during the fourth quarter of FY26, supported by higher revenues, record residential sales and improved collections across its key markets. Advertisement
According to a regulatory filing released on May 12, the company posted a consolidated net profit of INR 200.47 crore during the January–March quarter, compared to INR 14.05 crore reported during the corresponding quarter of the previous financial year.
Total income during the quarter increased sharply to INR 1,728.69 crore from INR 667.20 crore recorded in the year-ago period.
For the full financial year 2025–26, the company reported consolidated net profit of INR 93.71 crore, up from INR 21.62 crore in the preceding fiscal year. Total income for the year rose to INR 3,536.71 crore compared to INR 2,331.59 crore in 2024–25.
Parag Munot, managing director of Kalpataru Ltd, stated that the company achieved its highest-ever pre-sales and collections during both the quarter and the full financial year. He attributed the performance to execution scale-up, sustained residential demand across major micro-markets and improved operating cash flows.
Munot further stated that strong project completions, disciplined capital allocation and focused debt reduction measures had strengthened the company’s balance sheet during the year.
According to the company, fourth-quarter pre-sales stood at INR 1,833 crore, registering a 6 per cent year-on-year increase, while collections rose 41 per cent year-on-year to INR 1,487 crore during the quarter.
For FY26, annual pre-sales reached an all-time high of INR 5,280 crore, reflecting 17 per cent year-on-year growth. Collections during the year rose 34 per cent to INR 4,960 crore.
The developer stated that it expects to maintain sales momentum during FY27 through a pipeline of upcoming project launches and scheduled project completions across multiple markets.
Kalpataru Ltd currently has 83 completed projects covering more than 23.3 million sq ft. The company also has 31 ongoing and forthcoming projects spanning approximately 43.3 million sq ft across Mumbai, Thane, Panvel, Lonavala, Pune, Nagpur, Noida and Hyderabad.
The latest financial performance reflects continued demand momentum within India’s residential property market, particularly across organised developers with active project pipelines and execution capabilities. Industry stakeholders have noted that improved collections, stronger balance sheets and sustained housing demand have continued to support operational growth among large listed real estate companies.
Source - PTI
5th Jun, 2025
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