The company clocked pre-sales of ₹1,329 crore during the quarter, compared with ₹1,249 crore a year earlier. Collections, a key indicator of cash flows, grew at a faster pace to ₹1,365 crore from ₹1,165 crore in the corresponding quarter last year.
During the quarter, Kalpataru expanded its premium residential portfolio with the launch of Kalpataru Vian, Hrushikesh in Lokhandwala, Andheri West.
The luxury development comprises bespoke three, four and 4.5-bedroom residences spread across a private four-acre enclave, featuring more than 30 lifestyle amenities and designed to offer uninterrupted views of Mumbai’s mangroves. The company also launched Tower C of Estella at its Kalpataru Parkcity township in Thane.
The operational update follows a busy few months for the Mumbai-based developer. Last month, Kalpataru signed a cluster redevelopment project in Kandivali East with an estimated gross development value (GDV) of around ₹1,250 crore, further strengthening its redevelopment portfolio in the Mumbai Metropolitan Region.
The company had also ended FY26 on a strong note. For the March quarter, Kalpataru reported a 14-fold jump in consolidated net profit to ₹200.5 crore, while revenue surged 184% year-on-year to ₹1,693.7 crore, supported by robust project execution and strong sales momentum.
Investors reacted positively to the operational update. After the announcement, Kalpataru shares climbed to an intraday high of ₹330.40. However, the stock later pared gains and, as of 2:02 pm, was trading largely unchanged at ₹287 on the NSE.
