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Brigade Enterprises Ltd recorded a 12% year-on-year increase in sales bookings, reaching INR 2,034 crore during the July-September quarter of FY26, supported by healthy demand in its housing segment. The residential business contributed INR 1,795 crore, while commercial projects added INR 239 crore. The company also reported a 37% rise in consolidated net profit to INR 162.5 crore, alongside a 26% growth in total income. Management indicated that strong demand, new launches, and a positive business environment are expected to sustain the momentum in the second half of the fiscal year.
Brigade Enterprises Ltd reported a 12% growth in sales bookings to INR 2,034 crore during the July-September quarter of the current fiscal year, up from INR 1,821 crore in the same period last year. The company attributed the improvement to steady housing demand across its key markets. Advertisement
As per its latest investor presentation, the company achieved pre-sales of INR 2,034 crore during the quarter. The pre-sales volume stood at 1.90 million square feet, marking a 13% increase compared to the same period last year.
Within the overall sales bookings, the housing segment accounted for INR 1,795 crore, while the commercial segment contributed INR 239 crore. This highlights the continued strength of the residential market, which remains the company's primary growth driver.
In its financial results for the quarter, Brigade Enterprises posted a consolidated net profit of INR 162.5 crore, reflecting a 37% rise from INR 118.98 crore a year earlier. Total income also increased to INR 1,429.86 crore from INR 1,138.13 crore in the corresponding quarter last year, supported by higher revenue recognition from residential projects and strong performance in the hospitality business.
Managing Director Pavitra Shankar mentioned that the company entered the second half of the fiscal year with encouraging momentum, backed by a robust business development and project launch pipeline across major cities. She noted that leasing activity remains healthy, operational performance has strengthened, and business sentiment continues to be positive.
Founded in 1986, Brigade Group is among India's leading real estate developers, with a presence in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City. The company's portfolio includes residential, office, and retail developments, along with interests in hospitality and education.
Source PTI
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