Latest News | Kolte Patil Developers Posts Rs 27 Cr Loss in April-June Quarter
Get latest articles and stories on Latest News at LatestLY. Realty firm Kolte Patil Developers on Friday reported a consolidated net loss of Rs 26.98 crore for the quarter ended June due to lower income amid COVID-19 pandemic.
New Delhi, Aug 21 (PTI) Realty firm Kolte Patil Developers on Friday reported a consolidated net loss of Rs 26.98 crore for the quarter ended June due to lower income amid COVID-19 pandemic.
The company had posted a net profit of Rs 115.88 crore in the year ago period.
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Total income fell to Rs 143.99 crore in the first quarter of this fiscal from Rs 615.88 crore in the corresponding period of the previous year, according to a regulatory filing.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)