Kolte Patil Developers consolidated net profit rises 65.01% in the March 2017 quarter

Sales rise 62.52% to Rs 333.37 crore

Net profit of Kolte Patil Developers rose 65.01% to Rs 29.80 crore in the quarter ended March 2017 as against Rs 18.06 crore during the previous quarter ended March 2016. Sales rose 62.52% to Rs 333.37 crore in the quarter ended March 2017 as against Rs 205.12 crore during the previous quarter ended March 2016.

For the full year,net profit rose 36.33% to Rs 84.88 crore in the year ended March 2017 as against Rs 62.26 crore during the previous year ended March 2016. Sales rose 28.11% to Rs 965.61 crore in the year ended March 2017 as against Rs 753.75 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales333.37205.12 63 965.61753.75 28 OPM %20.5027.65 -24.8626.32 - PBDT49.4037.59 31 162.17130.92 24 PBT45.1832.59 39 147.32115.74 27 NP29.8018.06 65 84.8862.26 36

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