Brigade Enterprises Limited, a leading real estate developer, has reported strong financial results for the first quarter of fiscal year 2026 (Q1 FY26), demonstrating robust growth across key metrics.

Financial Highlights

• Total revenue reached ₹1,333.00 crores, marking a 20% increase compared to Q1 FY25.
• Profit After Tax (PAT) surged by 95% to ₹158.00 crores year-over-year.
• EBITDA grew by 14% to ₹375.00 crores in Q1 FY26.

Real Estate Segment Performance

• Pre-sales in the real estate segment stood at ₹1,118.00 crores with a sales area of 0.95 million square feet.
• Average realization increased by 24% to ₹11,782.00 per square foot, driven by sales of premium projects.
• Collections for Q1 FY26 amounted to ₹1,728.00 crores, showing an 8% growth over Q1 FY25.

Leasing and Hospitality Segments

• Leasing revenue grew by 15% to ₹300.00 crores in Q1 FY26.
• The hospitality segment reported a 19% increase in revenue, reaching ₹141.00 crores.
• Hotel occupancy stood at 75% with an Average Room Rate (ARR) of ₹6,761.00.

Key Developments

• Launched Brigade Morgan Heights Phase 1, spanning 1.09 million square feet.
• Brigade Hotel Ventures Limited, a subsidiary, completed its Initial Public Offering (IPO) and was listed on stock exchanges in July 2025.
• The company maintains a robust land bank of 60 million square feet.
• Upcoming project pipeline includes approximately 16 million square feet across residential and commercial segments.

Management Commentary

Pavitra Shankar, Managing Director of Brigade Enterprises Ltd., commented on the results: "FY26 has begun on a strong note for Brigade Group, marked by consistent performance across all verticals. Our residential business continues to be a key growth driver, supported by a strong pipeline of launches across Bengaluru, Chennai and Hyderabad. The office segment has seen sustained momentum, with increased leasing activity."

She added, "With continued demand, a healthy launch pipeline, and favourable interest rates, we are confident of sustaining this momentum going forward as well."

Credit Rating Upgrade

Brigade Enterprises' credit ratings have been upgraded to AA (Stable) by ICRA, underscoring the company's strong financial performance and discipline.

Future Outlook

The company is well-positioned for growth with its diverse project portfolio and strong market presence. Brigade Enterprises continues to focus on expanding its land bank and is actively pursuing high-quality parcels in strategic markets.

As the real estate sector shows signs of robust demand, particularly in the residential and commercial segments, Brigade Enterprises appears poised to capitalize on these favorable market conditions in the coming quarters.

Brigade Enterprises , a prominent Indian property developer, has announced the launch of Brigade Cherry Blossom, a premium plotted development project in Malur, East Bengaluru. This strategic joint venture marks a significant expansion of the company's footprint in the rapidly evolving East Bengaluru market.

Project Details

The new development, spanning 20 acres and 11 guntas, offers a total development area of 4.51 lakh sqft. Brigade Cherry Blossom features 338 meticulously planned plots available in two versatile typologies:

• 30 feet x 40 feet
• 30 feet x 50 feet

These plots are designed to cater to discerning homebuyers and long-term investors seeking flexibility, connectivity, and strong value appreciation potential.

Strategic Location

Brigade Cherry Blossom is strategically located in Malur, an emerging micro-market and upcoming residential hub in East Bengaluru. The project's location offers several advantages:

• Just 1.5 km from the Satellite Town Ring Road (STRR)
• Close proximity to the Bengaluru–Chennai Expressway (NE-7)
• Excellent connectivity to key areas such as Whitefield, Sarjapur, and Hoskote
• Part of the Chennai–Bengaluru Industrial Corridor

Financial Outlook

The company projects a revenue potential exceeding ₹225.00 crores from this development, highlighting the significant economic impact of the project.

Management's Perspective

Pavitra Shankar, Managing Director of Brigade Enterprises Limited, commented on the launch: "With Brigade Cherry Blossom, we are strengthening our vision of shaping well-integrated neighbourhoods in emerging growth corridors. This development reflects our commitment to delivering high-quality and sustainable projects to our customers."

Shankar further emphasized the strategic importance of the project, stating, "Brigade Cherry Blossom marks an important step in our strategic growth roadmap for Bengaluru and seamlessly aligns with our broader strategy to build future-ready communities rooted in access, sustainability, and thoughtful planning."

Company Background

Brigade Group, established in 1986, has nearly four decades of experience in the property development sector. The company has a diverse portfolio spanning residential, office, retail, hospitality, and education sectors across multiple Indian cities, including Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City.

The launch of Brigade Cherry Blossom underscores the company's continued commitment to expanding its presence in key growth markets and delivering high-quality developments that meet the evolving needs of homebuyers and investors.