- Brigade Enterprises has confirmed a sales target of ₹9,000 crore for FY27
- The target is backed by upcoming project launches totalling 12.36 million sq ft
- The launch pipeline forms the primary driver of the company's FY27 sales ambition
Brigade Enterprises Q1 net profit rises 45% YoY to ₹2.17 billion
Brigade Enterprises reported Q1 consolidated net profit of ₹2.17 billion, rising 45% from ₹1.5 billion in the year-ago period. Revenue declined to ₹11.16 billion from ₹12.8 billion, while EBITDA improved to ₹3.6 billion from ₹3.23 billion. EBITDA margin expanded sharply to 32.40% from 25.26%, reflecting stronger operating efficiency despite lower topline.
Brigade Enterprises Schedules Board Meeting on July 15 to Review First Quarter Results
Brigade Enterprises has announced a board meeting scheduled for July 15 to review its first quarter financial results. The announcement signals an upcoming disclosure of the company's quarterly performance. No further financial details or agenda items have been disclosed alongside this announcement.
Brigade Enterprises Records ₹16.94 Crore Block Trade on NSE at ₹517.40 Per Share
Brigade Enterprises recorded a block trade on the NSE involving approximately 327,445 shares at ₹517.40 per share. The total value of the transaction stood at ₹16.94 crores. Block trades of this magnitude typically reflect activity by large institutional or bulk investors. Such trades are executed outside the regular order book to limit market impact.
Brigade Enterprises' 'Brigade Morgan Heights' Residential Project in Chennai Loses Environmental Clearance
The State Environment Impact Assessment Authority has revoked the Environmental Clearance granted to Brigade Enterprises for its 'Brigade Morgan Heights' residential project in Chennai. This regulatory action is a material development that could directly impact the continuity or timeline of the project. The specific grounds for revocation have not been disclosed.