Brigade Enterprises Limited , a leading property developer in India, has announced robust financial results for the second quarter of fiscal year 2026, demonstrating strong growth across its business segments.

Financial Highlights

For Q2 FY26, Brigade Enterprises reported:

• Total revenue of ₹1,430.00 crore, a 26% increase from Q2 FY25
• Profit After Tax (PAT) of ₹170.00 crore, up 48% year-on-year
• EBITDA of ₹375.00 crore, compared to ₹358.00 crore in Q2 FY25

Segment Performance

Real Estate

• Revenue stood at ₹951.00 crore, growing 31% from ₹727.00 crore in Q2 FY25
• Pre-sales volume of 1.90 million sq ft, valued at ₹2,034.00 crore
• Collections reached ₹1,528.00 crore

Leasing

• Revenue increased by 17% to ₹341.00 crore compared to Q2 FY25
• Portfolio occupancy maintained at 92%

Hospitality

• Revenue grew by 16% to ₹138.00 crore compared to Q2 FY25
• EBITDA of ₹42.00 crore

Operational Highlights

• The company achieved pre-sales of ₹2,034.00 crore in Q2 FY26
• Overall collections for Q2 FY26 stood at ₹2,003.00 crore
• Brigade Enterprises plans to launch approximately 11 million sq ft of projects across Bengaluru, Chennai, Hyderabad, and Mysuru in the next four quarters

Strategic Developments

Brigade Hotel Ventures Limited (BHVL), a subsidiary of Brigade Enterprises, completed its Initial Public Offering (IPO) during the quarter. The IPO comprised a fresh issue of 84,412,565 equity shares, raising ₹75,960.00 lakh. BHVL's shares were subsequently listed on the National Stock Exchange of India Limited (NSE) and BSE Limited on July 31, 2025.

Management Commentary

Pavitra Shankar, Managing Director of Brigade Enterprises Ltd., commented on the results: "We are entering the second half of the fiscal year with strong tailwinds. We have a robust business development and launch pipeline across our key markets, as well as healthy leasing activity and growth in the hospitality business. Operational performance has also grown substantially since the prior year, and business sentiment remains positive."

Board Appointment

The company has appointed Mr. Debashis Chatterjee as an Additional Director in the category of Non-Executive Independent Director for a consecutive period of 5 years, subject to shareholders' approval. Mr. Chatterjee brings over three decades of experience in driving multi-billion-dollar transformations and strategic growth initiatives across Fortune 500 clients and global enterprises.

Brigade Enterprises' strong performance across its diversified portfolio of real estate, leasing, and hospitality segments underscores its resilience and growth potential in the dynamic Indian property market. The company's strategic expansions and robust project pipeline position it well for continued growth in the coming quarters.

Brigade Enterprises Limited , a leading real estate developer, has reported a significant increase in its consolidated net profit for the second quarter of the fiscal year, despite a decline in its EBITDA margin.

Financial Highlights

Brigade Enterprises has demonstrated robust growth in its financial performance for the second quarter ended September 30, 2025. The company's consolidated net profit surged by 33% to ₹1.60 billion, up from ₹1.20 billion in the same period last year.

Revenue and EBITDA Growth

The company's revenue showed a strong increase of 29%, reaching ₹13.80 billion compared to ₹10.70 billion in the corresponding quarter of the previous year. This substantial growth in revenue indicates a healthy demand for Brigade's offerings in the real estate sector.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw an improvement, rising to ₹3.30 billion from ₹2.90 billion year-over-year, marking a 14% increase.

Margin Pressure

Despite the overall positive performance, Brigade Enterprises experienced a decline in its EBITDA margin. The margin decreased to 23.71% in Q2 FY2026 from 27.23% in Q2 FY2025, representing a reduction of 352 basis points. This margin compression suggests that the company faced some cost pressures during the quarter, which could be attributed to factors such as rising input costs or changes in the product mix.

Corporate Developments

According to the latest LODR (Listing Obligations and Disclosure Requirements) data, Brigade Enterprises held a Board Meeting on October 29, 2025, where several key decisions were made:

1. The Board approved the unaudited consolidated and standalone financial results for Q2 and the half-year ended September 30, 2025.
2. Mr. Debashis Chatterjee was appointed as an Additional Director in the category of Non-Executive Independent Director for a period of five years, subject to shareholders' approval.
3. The company's trading window was closed from October 1, 2025, and is set to reopen on November 1, 2025.

These corporate actions indicate that Brigade Enterprises is focusing on strengthening its governance structure and maintaining transparency with its stakeholders.

The company's ability to significantly increase its net profit and revenue in a challenging economic environment demonstrates its resilience and strong market position. However, the decline in EBITDA margin warrants attention and may require management to focus on cost optimization strategies in the coming quarters.

Investors and stakeholders will likely keep a close eye on how Brigade Enterprises addresses the margin pressure while maintaining its growth trajectory in the upcoming periods.