Kolte Patil Developers Q3 FY24 Results Live: Loss Rises by 133.88% YoY
Kolte Patil Developers Q3 FY24 Results Live: Revenue decreased by 79.41% YoY & loss increased by 133.88% YoY
Kolte Patil Developers declared their Q3 FY24 results on 24 Jan, 2024. The topline decreased by 79.41% & the loss increased by 133.88% YoY. As compared to the previous quarter, the revenue declined by 61.75% and the loss increased by 148.48%.
The Selling, general & administrative expenses rose by 5.66% q-o-q & increased by 24.9% Y-o-Y.
The operating income was down by 240.25% q-o-q & decreased by 42.02% Y-o-Y.
The EPS is ₹-8.27 for Q3 FY24, which decreased by 133.62% Y-o-Y.
Kolte Patil Developers has delivered -3.75% return in the last 1 week, 36.17% return in the last 6 months, and 5.86% YTD return.
Currently, Kolte Patil Developers has a market cap of ₹3931.33 Cr and 52wk high/low of ₹585 & ₹231 respectively.
As of 26 Jan, 2024, out of 3 analysts covering the company, 3 analysts have given a Strong Buy rating.
The consensus recommendation as of 26 Jan, 2024, was to Strong Buy.
Kolte Patil Developers Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 75.79 | 198.15 | -61.75% | 368.08 | -79.41% |
| Selling/ General/ Admin Expenses Total | 24.08 | 22.79 | +5.66% | 19.28 | +24.9% |
| Depreciation/ Amortization | 4.18 | 3.1 | +34.84% | 3.29 | +27.05% |
| Total Operating Expense | 116.62 | 210.15 | -44.51% | 396.83 | -70.61% |
| Operating Income | -40.83 | -12 | -240.25% | -28.75 | -42.02% |
| Net Income Before Taxes | -67.24 | -16.95 | -296.7% | -36.76 | -82.92% |
| Net Income | -62.89 | -25.31 | -148.48% | -26.89 | -133.88% |
| Diluted Normalized EPS | -8.27 | -2.27 | -264.11% | -3.54 | -133.62% |
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.