Brigade Hotels Reports 58% PAT Growth in Q2 FY26

Brigade Hotel Ventures, the hospitality arm of the Brigade Group, reported a robust performance for the second quarter of FY26.

The company achieved a total revenue of Rs. 130 crore, marking a 20 percent year-on-year growth, supported by sustained business momentum and reduced finance and tax expenses.

Profit After Tax (PAT) surged 58 percent to Rs. 11 crore, compared to Rs. 7 crore in Q2 FY25, while revenue from operations rose to Rs. 126 crore from Rs. 108 crore.

Key Highlights

• Brigade Hotels posts 58 percent YoY PAT growth and 20 percent revenue rise
• ARR up 14 percent to Rs. 7,106; Bengaluru leads with 19 percent increase
• ibis Mysuru records strong debut with 61 percent occupancy

EBITDA for the quarter grew by 9 percent to Rs. 41 crore, reflecting operational strength. The Food & Beverage (F&B) segment contributed Rs. 42 crore, a 14 percent increase year-on-year, highlighting strong demand across its properties. The Average Room Rate (ARR) rose 14 percent to Rs. 7,106 from Rs. 6,247, and Revenue Per Available Room (RevPAR) climbed 13 percent to Rs. 5,374, with a solid occupancy rate of 75.6 percent.

Bengaluru continued to drive growth with ARR up 19 percent to Rs. 8,738 and RevPAR rising to Rs. 6,807 from Rs. 5,959. The recently launched ibis Mysuru, operational since Q3 FY25, recorded encouraging traction with 61.4 percent occupancy, adding to the brand’s regional performance.

In the first half of FY26, BHVL achieved total revenue of Rs 255 crore, a 21 per cent growth over H1 FY25, with PAT standing at Rs 18 crore as compared to Rs 1 crore during the same period last year. Revenue from operations was Rs 250 crore, up from Rs 210 crore, and EBITDA increased by 16 per cent to Rs 83 crore. Food & Beverage revenue for H1 FY26 reached Rs 89 crore, up 24 per cent from Rs 72 crore in H1 FY25. For the six-month period, ARR rose 10 per cent to Rs 6,936, while occupancy averaged 75.1 per cent, resulting in a RevPAR of Rs 5,209 compared to Rs 4,713 a year earlier.

Commenting on the performance, Nirupa Shankar, Managing Director, Brigade Hotel Ventures, said, “BHVL had a strong Q2 FY26 with revenue up 20 per cent year-on-year to Rs 130 crore. EBITDA stood at Rs 41 crore and PAT at Rs 11 crore, driven by robust performance and lower finance costs. Our continued focus on enhancing ARR and driving higher RevPAR has yielded strong results. ARR is up 14 per cent year-on-year to Rs 7,106 and RevPAR has risen 13 per cent to Rs 5,374 with healthy occupancy levels of 75.6 per cent.”

She further elaborated, “We have planned a total investment of around Rs 3,600 crore to add nine new hotels, amounting to approximately 1,700 keys, thereby doubling our portfolio to 18 hotels, or around 3,300 keys, by FY30. Looking ahead, we remain focused on driving RevPAR growth across the existing portfolio while expanding our footprint. We expect 45 new keys to become operational in FY27. We are committed to strengthening our presence in high-potential geographies, supported by a strong pipeline of new keys and robust brand partnerships. Our emphasis on pricing strategy, guest experience, and asset optimisation remains central to our approach."

Also Read: Brigade Hotel Ventures Signs Multi-Hotel Deal with Marriott to Expand in India

With its balanced portfolio and strong fundamentals, Brigade Hotel Ventures remains well-positioned to capitalize on India’s rising hospitality demand and expanding midscale hotel segment.