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Corporate News

Kalpataru Limited reports Rs 1,329 crore pre-sales and signs Rs 1,250 crore redevelopment deal
03-Aug-2026, 08:49
Kalpataru Limited announced its results for the quarter ended June 30, 2026, reporting pre-sales of Rs 1,329 crore, a 6% year-on-year increase, and collections of Rs 1,365 crore, up 17% year-on-year. The Mumbai-based developer, which focuses on luxury and premium residential projects, also launched the luxury residential project Kalpataru Vian, Hrushikesh, Lokhandwala, and signed a development agreement for a society redevelopment project in Kandivali East with an estimated gross development value of approximately Rs 1,250 crore. Kalpataru Limited’s revenue from operations for the quarter stood at Rs 472 crore, with an adjusted EBITDA of Rs 95 crore and a net debt of Rs 8,229 crore.