Q2 FY26 loss widens as revenue plunges; Blackstone now holds 40% stake
KOLTEPATIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 1.7 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kolte-Patil posted standalone Q2 revenue of Rs 117 crore, down 58% YoY, and H1 loss of Rs 21 crore against Rs 15 crore profit a year ago. Consolidated H1 swung to Rs 28 crore loss with revenue falling 66%. Operating margin turned sharply negative. On the brighter side, Blackstone now owns 40% after preferential allotment and share purchase, infusing Rs 417 crore. NCLT approved merger of KPIT subsidiary. Comparatives restated.
Weak quarterly results with revenue decline and loss, partly offset by Blackstone's 40% stake and Rs 417 crore capital infusion.