The Brigade Group experienced a very positive quarter in Q3 of FY26. Its revenue was up 6% vs last year’s Q3 to Rs 1,623 crore. They also produced net income (PAT) of Rs 206 crore.
Real estate revenue had 1.33 million square feet of net bookings, equating to a sale value of Rs 1,750 crore, with total collections for the quarter equating to Rs 1,760 crore.
Key Highlights
According to Pavitra Shankar, Managing Director, Brigade Enterprises, they continue to grow their land bank with a focus on strategic cities of Bengaluru, Chennai. He stated that they are actively acquiring high-quality assets through disciplined capital allocation to provide long-term value across all business segments (Residential, Commercial and Hospitality).
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FY26 Real estate revenue was up 3% YoY to Rs 1,133 crore with an EBITDA of Rs 170 crore. Total Revenue from leasing was up 16% YoY to Rs 325 crore; while at 93% occupancy, we had 8.61 million square feet of this space leased. Hospitality provided revenues of Rs 165 crore, up 12%, with an EBITDA of Rs 58 crore.
As of this date for the first three quarters of FY26, Brigade Group had consolidated revenues of Rs 4,386 crore, up 16% year- on-year, with a PAT of Rs 534 crore, indicating consistent momentum across all business lines.
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