Realty firm Brigade Enterprises Ltd on Wednesday, August 13, reported a 79% year-on-year jump in net profit at ₹150 crore for the first quarter of this fiscal, up from ₹83.7 crore in Q1FY25.
Revenue increased 18.9% to ₹1,281 crore against ₹1,077 crore year-on-year. EBITDA for the April-July quarter rose 11% to ₹323.9 crore compared to ₹291.9 crore a year ago.
However, the EBITDA margin for this quarter narrowed to 25.3% from 27.1% in the corresponding period of the previous fiscal.
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The company reported net bookings in its real estate segment at 0.95 million square feet for Q1FY26, with a sales value of ₹1,118 crore. The average realisation stood at ₹11,782 per square foot, reflecting a 24% growth over Q1FY25.
Collections during the quarter were at ₹1,728 crore. The company has a pipeline of around 16 million square feet of new launches in the residential and commercial segments and plans to add 1,700 keys in the hotel segment. With a current land bank of 60 million square feet, Brigade expects to enhance its growth trajectory.
Real estate
In the real estate segment, pre-sales during the quarter stood at ₹1,118 crore, with a sales area of 0.95 million square feet. Real estate revenue came in at ₹892 crore, up 22% from ₹733 crore in Q1FY25. EBITDA in this segment was ₹103 crore, marking a 10% increase over the previous year.
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Leasing business
In the leasing business, portfolio occupancy was at 92% from an overall operating lease portfolio of 9.38 million square feet in Q1FY26. Leasing revenue rose 15% year-on-year to ₹300 crore, while EBITDA increased 13% to ₹224 crore. Brigade’s facilities management vertical manages about 16 million square feet.
Hospitality segment
In the hospitality segment, revenue for Q1FY26 stood at ₹141 crore, a 19% YoY increase, with EBITDA growing 34% to ₹48 crore. Brigade Hotel Ventures Limited, a subsidiary of Brigade Enterprises, launched an initial public offering (IPO) of ₹885.60 crore, including a pre-IPO placement of ₹126 crore. The shares were listed on the stock exchanges on July 31, 2025, under the ticker BRIGHOTEL.
Pavitra Shankar, Managing Director, Brigade Enterprises, said, “FY26 has begun on a strong note for Brigade Group, marked by consistent performance across all verticals. Our residential business continues to be a key growth driver, supported by a strong pipeline of launches across Bengaluru, Chennai and Hyderabad. The office segment has seen sustained momentum, with increased leasing activity.”
Also Read: Brigade Hotel plans nine new properties, doubling key count to 3,300 by FY30
The results came after the close of the market hours. Shares of Brigade Enterprises Limited ended at ₹966.50, down by ₹8.70 or 0.89%, on the BSE today (August 13).
