Brigade Enterprises Limited , a leading property developer in India, has announced strong financial results for the second quarter of fiscal year 2026 (Q2 FY26) and successfully concluded a postal ballot for key corporate governance matters.

Financial Performance Highlights

The company reported robust financial performance with significant growth across key metrics:

Segment-wise Performance

Real Estate Segment

The real estate segment continued as the primary revenue driver with exceptional performance:

Leasing and Hospitality

Both segments demonstrated strong growth momentum:

Corporate Governance Update

Brigade Enterprises successfully completed a postal ballot process on December 11, 2025, regarding the appointment of Mr. Debashis Chatterjee as an Independent Director. The voting results demonstrated strong shareholder confidence:

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.

Management Outlook

Pavitra Shankar, Managing Director, expressed optimism stating, "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."

The company maintains a robust pipeline of approximately 11 million square feet planned for launch in the next four quarters across Bengaluru, Chennai, Hyderabad, and Mysuru, positioning it well for continued growth in India's expanding property sector.

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.