Brigade Group earnings rose in the second quarter of fiscal 2026–27, with net profit increasing 29% from a year earlier to ₹219 crore. Consolidated revenue fell to ₹1,250 crore from ₹1,430 crore.
Brigade Group earnings and property sales
Profit before tax rose 47% to ₹288 crore in the quarter ended September 2026. Operating profit increased to ₹478 crore from ₹375 crore a year earlier, while collections totaled ₹1,633 crore.
The developer recorded real estate sales bookings of ₹1,827 crore across 1.3 million square feet. It launched projects spanning 2.4 million square feet with an estimated gross development value of around ₹3,000 crore.
Real estate segment revenue was ₹760 crore, and operating profit rose 59% year over year to ₹175 crore. Managing Director Pavitra Shankar said residential demand and the project pipeline supported growth.
Leasing and hospitality performance
The leasing business generated ₹329 crore in revenue and ₹242 crore in operating profit, the latter up 9% from a year earlier. Occupancy reached 90% as of September 2026.
The completion of Brigade Square and Arcadia at Brigade Cornerstone Utopia added 0.27 million square feet of leasable space. Separately, Brigade lists Brigade Square in Thiruvananthapuram as a lease option.
Hospitality revenue was ₹161 crore, while operating profit rose 41% year over year to ₹59 crore.
First-half results
For the first six months of fiscal 2026–27, consolidated revenue declined to ₹2,429 crore from ₹2,763 crore a year earlier. Net profit rose to ₹436 crore from ₹328 crore, while collections totaled ₹3,489 crore.
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