Kolte-Patil Q2 results: Net profit at ₹5.7 cr, income jumps over 2-fold
A quarterly results development with market-wide reach.
· BS Companies
Realty firm Kolte-Patil Developers Ltd has posted a consolidated net profit of Rs 5.70 crore for the quarter ended September. Blackstone-backed company, which is based in Pune, had posted a net loss of Rs 11.14 crore in the year-ago period.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
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