Kolte Patil Developers consolidated net profit declines 60.56% in the September 2014 quarter

Sales decline 16.38% to Rs 156.72 crore

Net profit of Kolte Patil Developers declined 60.56% to Rs 12.71 crore in the quarter ended September 2014 as against Rs 32.23 crore during the previous quarter ended September 2013. Sales declined 16.38% to Rs 156.72 crore in the quarter ended September 2014 as against Rs 187.43 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales156.72187.43 -16 OPM %26.6832.17 -PBDT33.1154.09 -39 PBT30.8252.43 -41 NP12.7132.23 -61

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