Brigade Group reported a strong performance for the second quarter of FY26, posting a 47.96 per cent increase in net profit to ₹170.28 crore compared with ₹115.08 crore in the same quarter last year. The company attributed the growth to robust sales momentum, higher leasing income, and steady gains in its hospitality segment.
On the revenue front, the Group registered ₹1,429.86 crore in Q2FY26, up 25.63 per cent from ₹1,138.13 crore in the corresponding period of the previous fiscal. Revenue from operations grew 29.02 per cent year-on-year to ₹1,383.37 crore, supported by sustained traction across business verticals and continued project deliveries.
Commenting on the results, Pavitra Shankar, Managing Director of Brigade Group, said the company was 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,” she said.
During the quarter ended September 30, 2025, pre-sales volume stood at 1.9 million square feet with a total sales value of ₹2,034 crore. Collections during the same period amounted to ₹2,003 crore, reflecting strong cash flow visibility. In the real estate segment alone, revenue rose 31 per cent year-on-year to ₹951 crore, compared with ₹727 crore in Q2FY25, while collections increased from ₹1,470 crore to ₹1,528 crore. The segment’s EBITDA stood at ₹110 crore.
Brigade’s leasing portfolio also recorded healthy growth. Revenue from leasing rose 17 per cent year-on-year to ₹341 crore, while EBITDA from the segment stood at ₹223 crore. Portfolio occupancy remained high at 92 per cent, with total leased area at 8.67 million square feet out of an operational portfolio of 9.38 million square feet. The company said leasing activity remains strong, aided by steady demand for quality office spaces across its markets.
On a sequential basis, Brigade reported a 7.8 per cent decline in net profit compared to ₹157.95 crore in the previous quarter, while revenue fell 7.27 per cent to ₹1,332.86 crore. The company attributed this to timing differences in project completions and revenue recognition cycles.
Brigade’s hospitality business continued its upward trajectory with higher occupancy levels and improved room rates across its hotel portfolio. The segment benefited from sustained recovery in travel and tourism and rising demand for branded hotel assets in key southern cities.
With a presence across Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City, Brigade Group operates in residential, commercial, retail, hospitality, and education sectors. The company said it remains focused on expanding its development footprint while maintaining financial discipline and operational efficiency.
.png)