Kalpataru news
All 6 EstateHerald stories about Kalpataru, newest first. Latest: 11 November 2026.
The Mumbai developer's September-quarter loss and flat half-year sales test its plan to close FY27 with a strong second half.
Half-year pre-sales were flat and net debt stands at ₹8,323 crore, leaving investors weighing how much revenue the second half will bring.
The ₹52.54 crore all-cash deal gives the parent full control of the companies developing the Kolshet Road township, with completion due within 60 days.
Quarterly revenue fell about 45% and the company swung to a loss, while pre-sales dipped 5% in the quarter.
The EPC company's year-to-date order inflow has passed ₹22,000 crore, a measure of business secured rather than revenue earned.
Shares of the Mumbai developer fell to a record low as investors weighed higher bookings against heavy debt and thinner per-square-foot prices.