Brigade Enterprises reported a 29 per cent profit rise to ₹219 crore for Q2 FY27. While profit grew, revenue fell 12 per cent to ₹1,250 crore compared to last year. The company launched projects covering 2.4 million sq ft. Meanwhile, the leasing business stayed strong with 90 per cent occupancy by September 2026.
Real estate group Brigade Enterprises reported a 29 per cent year-on-year increase in profit after tax (PAT) to ₹219 crore in Q2 FY27, compared with the corresponding period last year.
However, revenue declined 12 per cent to ₹1,250 crore from ₹1,430 crore a year earlier. Collections during the quarter stood at ₹1,633 crore.
Revenue from the real estate segment stood at ₹760 crore, while EBITDA rose 59 per cent year on year to ₹175 crore, with a margin of 23 per cent. During the quarter, the company launched projects spanning 2.4 million sq ft, with a gross development value (GDV) of approximately ₹3,000 crore.
Revenue from the leasing business stood at ₹329 crore, with EBITDA rising 9 per cent year on year to ₹242 crore. The segment reported an EBITDA margin of 74 per cent. Occupancy stood at 90 per cent as of September 2026.
The hospitality segment reported revenue of ₹161 crore in Q2 FY27.