Brigade Enterprises Q2 profit rises 28 pc to Rs 219 cr

New Delhi, Oct 29 (PTI) Realty firm Brigade Enterprises Ltd on Thursday reported a 28 per cent increase in its consolidated net profit to Rs 218.82 crore in the quarter ended September, despite a fall in revenue.

Its net profit stood at Rs 170.82 crore in the year-ago period.

Total income dropped to Rs 1,249.99 crore in the second quarter of this fiscal from Rs 1,429.86 crore in the corresponding period of the preceding year, according to a regulatory filing.

Pavitra Shankar, Managing Director of Brigade Enterprises, said, “Q2 FY27 has been a positive quarter for Brigade Group, with healthy momentum across our businesses.”

“Residential continues to drive growth, underpinned by sustained demand and a strong project pipeline. Customers are increasingly

prioritising quality, location, larger homes and better amenities, and we continue to see resilient demand across the mid and premium segments. The festive period has further strengthened customer engagement across our residential and retail businesses,” she said.

With a robust pipeline, disciplined execution and a diversified portfolio spanning residential, commercial, retail, hospitality and warehousing, Shankar said the company is well positioned to maintain this momentum and deliver sustainable, long-term growth.

Established in 1986, Brigade Group is one of India’s leading property developers. It has developed many residential and commercial projects in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram and GIFT City. The company is into hospitality and education sectors as well. PTI MJH MJH SHM

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