Brigade Enterprises Ltd, a leading South Indian real estate developer headquartered in Bengaluru, posted healthy financial growth for Q2 FY26.
Financial Highlights:
- Revenues increased 29.01% year on year to ₹1,383 crore from ₹1,072 crore.
- Total expenses rose 26.95% to ₹1,234 crore from ₹972 crore.
- Consolidated net profit surged 47.83% to ₹170 crore from ₹115 crore.
- Earnings per share (EPS) rose 36.55% to ₹6.65 from ₹4.87.
Business and Market Highlights:
- The company achieved presales of 1.9 million sq. ft. worth ₹2,034 crore in H1 FY26 and targets 15% YoY growth in presales.
- Revenue from leasing operations grew 17% YoY to ₹341 crore with a robust occupancy rate of 92%.
- The pipeline for project launches across multiple cities including Bengaluru, Chennai, Hyderabad, and Mysore remains strong.
- Leadership cited growth in premium residential demand supported by global capability centers adding higher salaried employees in Bengaluru.
Outlook:
Brigade Enterprises is well-positioned to capitalize on urbanization and rising demand in premium residential and commercial real estate segments, with solid operational execution and business development pipeline.
The strong Q2 FY26 results demonstrate Brigade’s ability to sustain revenue and profit growth amid evolving real estate market dynamics.
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