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Informist, Thursday, Aug. 13, 2026

 

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--Brigade Ent Apr-Jun consol net profit INR 2.00 bln
--Analysts saw Brigade Ent Apr-Jun consol net profit at INR 1.73 bln
--Brigade Ent Apr-Jun consol revenue INR 11.16 bln
--Analysts saw Brigade Ent Apr-Jun consol revenue at INR 14.46 bln
--Brigade Ent Apr-Jun consol net profit INR 2.00 bln vs INR 1.50 bln yr ago
--Brigade Ent Apr-Jun consol revenue INR 11.16 bln vs INR 12.81 bln year ago
--Brigade Ent Apr-Jun net profit includes one-time income INR 428.80 mln
--Brigade Ent Q1 profit before one-time, tax INR 2.42 bln vs INR 1.94 bln
--Brigade Ent Q1 consol land purchase cost INR 36.5 mln vs INR 6.6 bln yr ago
--Brigade Ent Q1 consol real estate sales INR 6.54 bln vs INR 8.53 bln yr ago
--Brigade Ent Q1 consol hospitality sales INR 1.45 bln vs INR 1.40 bln yr ago
--Brigade Ent Q1 consol leasing ops sales INR 3.25 bln vs INR 2.99 bln yr ago

 

By Utthara E. S.

 

MUMBAI – Brigade Enterprises Ltd. Thursday reported a sharp on-year rise in its consolidated net profit for the June quarter, aided by a one-time income, even as its consolidated revenue from operations fell sharply and expenses rose.

 

The Bengaluru-headquartered company's consolidated net profit for the June quarter rose 34% on year to INR 2 billion, beating analysts' expectation of INR 1.73 billion. The company's net profit was INR 1.5 billion for the year-ago quarter. Sequentially, net profit was up nearly 38%. The bottom line includes a one-time income of INR 429 million in the June quarter from reducing its stake to 50% from 100% in its subsidiary Vibrancy Real Estate Pvt. Ltd. The company reported a profit before exceptional items and tax of INR 2.42 billion for the June quarter, up from INR 1.94 billion a year ago.

 

The company's consolidated revenue from operations for the quarter fell 13% on year to INR 11.16 billion from INR 12.81 billion, missing the Street's estimate of INR 14.46 billion. Sequentially, revenues were down over 23%.
 

Total expenses fell nearly 18% on year to INR 9.37 billion in the June quarter. The company's land purchasing cost, including development rights, fell to INR 36.5 million from INR 6.57 billion. Its subcontract costs fell 4% to INR 4.09 billion, cost of materials consumed rose 1% to INR 1.55 billion, and employee benefits expenses rose 24% to INR 1.35 billion. The other expenses rose 21% to INR 2.23 billion while finance costs rose 3% to INR 1.09 billion. The licence fees and plan approval charges fell 61% to INR 65.2 million and depreciation and amortisation expenses fell 3% to INR 732 million.

 

The company's real estate segment reported revenues of INR 6.54 billion for the June quarter, down 23% on year. The segment reported an average realisation of INR 14,256 per square feet, up 21% on year, led by product mix. Sales in the hospitality segment rose 3% to INR 1.45 billion and the leasing segment reported revenues of INR 3.25 billion, up nearly 9%. The average room rate of the hospitality segment for the June quarter was up 7% at INR 7,241.

 

The company's consolidated earnings before interest, tax, depreciation, and amortisation were INR 4.25 billion for the June quarter, up from INR 3.75 billion a year ago. The company's EBITDA margin expanded to 36% from 28% and net profit margin expanded to 18% from 12%.

 

The consolidated net debt of Brigade Enterprises was INR 22.18 billion as of Jun. 30, down nearly 3% on quarter. The company detailed its June quarter earnings after market hours Thursday. Its shares ended at INR 589.65 apiece on the National Stock Exchange, marginally lower from Wednesday.  End

 

Edited by Shubhayan Bhattacharya

 

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