Brigade Enterprises Limited , a leading property developer in India, has announced strong financial results for the second quarter of fiscal year 2026 (Q2 FY26), demonstrating significant growth across key metrics.

Financial Highlights

The company reported a consolidated total revenue of ₹1,430.00 crores for Q2 FY26, marking a substantial 26% increase compared to ₹1,138.00 crores in Q2 FY25. This growth was primarily driven by strong performance in the real estate and leasing segments.

Profit After Tax (PAT) saw an impressive jump of 48%, reaching ₹170.00 crores in Q2 FY26, up from ₹115.00 crores in the corresponding quarter of the previous year. This significant increase in profitability underscores the company's effective cost management and operational efficiency.

Segment-wise Performance

Real Estate

The real estate segment continued to be the primary revenue driver for Brigade Enterprises. Key highlights include:

• Revenue stood at ₹951.00 crores, growing 31% from ₹727.00 crores in Q2 FY25.
• Pre-sales volume reached 1.90 million square feet, valued at ₹2,034.00 crores.
• Collections remained strong at ₹1,528.00 crores.

Leasing

The leasing segment also showed robust growth:

• Revenue increased by 17% to ₹341.00 crores compared to Q2 FY25.
• Portfolio occupancy remained high at 92%, with 8.67 million square feet leased out of 9.38 million square feet.

Hospitality

The hospitality segment demonstrated resilience and growth:

• Revenue grew by 16% to ₹138.00 crores compared to Q2 FY25.
• EBITDA for the segment stood at ₹42.00 crores.

Operational Highlights

Brigade Enterprises continues to strengthen its market position with several notable developments:

• The company maintains a robust pipeline of upcoming projects, with approximately 11 million square feet planned for launch in the next four quarters across Bengaluru, Chennai, Hyderabad, and Mysuru.
• The average realization in the real estate segment stood at ₹12,236.00 per square foot during Q2 FY26, showing a 13% growth over Q2 FY25 (excluding plotted development).

Management Commentary

Pavitra Shankar, Managing Director of Brigade Enterprises Ltd., expressed optimism about the company's performance, 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. Operational performance has also grown substantially since the prior year, and business sentiment remains positive."

Board Appointment

Brigade Enterprises 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.

Outlook

With a strong performance in Q2 FY26 and a positive outlook for the real estate sector, Brigade Enterprises appears well-positioned for continued growth. The company's diversified portfolio across real estate, leasing, and hospitality segments provides a balanced approach to market opportunities and challenges.

Investors and stakeholders can look forward to the company's upcoming projects and potential market expansions as Brigade Enterprises continues to capitalize on the growing demand in India's 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.