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HomeNewsTop NewsKolte-Patil Developers' profit up 28% at Rs 27 crore in Q4 FY22

Kolte-Patil Developers’ profit up 28% at Rs 27 crore in Q4 FY22

Total income rose to Rs 380.99 crore in the fourth quarter of 2021-22 fiscal year from Rs 302.38 crore in the corresponding period of the previous year.

Kolte-Patil Developers Ltd on Wednesday reported a 28 per cent increase in consolidated net profit at Rs 26.68 crore for the quarter ended March. Its net profit stood at Rs 20.9 crore in the year-ago period, according to a regulatory filing.

Total income rose to Rs 380.99 crore in the fourth quarter of 2021-22 fiscal year from Rs 302.38 crore in the corresponding period of the previous year.

Pune-based Kolte-Patil has posted a Rs 84.85 crore net profit for the entire fiscal year 2021-22, as against a net loss of Rs 4.82 crore in the previous year.

Total income rose to Rs 1,136.50 crore in the last fiscal from Rs 708.46 crore in 2020-21 financial year.

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