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Kalpataru Ltd has reported a 6% year-on-year increase in sales bookings to INR 1,329 crore for the first quarter of FY27, supported by sustained demand in the residential market. Customer collections rose 17% to INR 1,365 crore during the April–June period, reflecting improved cash inflows. The Mumbai-based developer also highlighted its expanded project portfolio, comprising 83 completed developments and 31 ongoing and forthcoming projects across key cities. In FY26, the company posted significant growth in both revenue and net profit, indicating stronger operational performance.
Kalpataru Ltd has reported sales bookings of INR 1,329 crore for the April–June quarter of FY27, registering a 6% year-on-year increase on the back of sustained demand for residential properties. The Mumbai-based real estate developer also recorded higher customer collections during the quarter, reflecting continued momentum in its housing business.
According to the company's regulatory filing, pre-sales increased from INR 1,249 crore in the corresponding quarter of the previous financial year to INR 1,329 crore in the first quarter of FY27.
Customer collections rose 17% year-on-year to INR 1,365 crore during the quarter, compared with INR 1,165 crore in the same period last year. The increase in collections indicates stronger cash inflows from ongoing residential sales and project execution.
The company also highlighted its financial performance for FY26, during which net profit increased sharply to INR 93.71 crore from INR 21.62 crore in the preceding financial year. Total income rose to INR 3,536.71 crore in FY26, compared with INR 2,331.59 crore in FY25, reflecting higher revenue generation across its operations.
Kalpataru continues to maintain a sizeable residential development pipeline across multiple cities. The developer has completed 83 projects with a cumulative development area exceeding 23.3 million sq ft.
In addition to its completed portfolio, the company currently has 31 ongoing and forthcoming projects spanning approximately 43.3 million sq ft. These developments are spread across Mumbai, Thane, Panvel, Lonavala, Pune, Nagpur, Noida and Hyderabad, covering several key residential markets in western and northern India.
The latest quarterly operational update reflects continued buyer demand in the residential segment, supporting modest growth in pre-sales alongside stronger customer collections. The company's broader financial performance in FY26 also indicates improved profitability and revenue growth as it advances its ongoing project pipeline.
With an extensive portfolio of completed, ongoing and planned developments across major urban centres, Kalpataru remains focused on expanding its residential business while maintaining project execution and sales momentum during the current financial year.
Source - PTI
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