Kalpataru has clocked a 41% growth in its pre-sales to Rs 4,531 crore in FY25 driven by higher demand for residential properties. In 2023-24, the Mumbai-based company sold properties worth Rs 3,202 crore. In FY25, the company launched 7 new projects, totalling 6.5 million square feet of saleable area.
Last fiscal, Kalpataru signed development agreements (DA) for two new society redevelopment projects with an estimated GDV (gross development value) of Rs 2,100 crore. The company's net debt stood at Rs 9,310 crore at the end of March this year, down by Rs 673 crore compared to March 2024.
Kalpataru is part of the Kalpataru group. The group operates in various sectors, including EPC contracting for power transmission and distribution, oil and gas, railways, civil infrastructure projects, warehousing and logistics, and facility management.
