Brigade Group Delivers 47% Growth in Profit Before Tax with ₹1,179 Crore Revenue in Q1 FY27

Brigade Group Delivers 47% Growth in Profit Before Tax with ₹1,179 Crore Revenue in Q1 FY27

Bengaluru, Karnataka – 13 August 2026

Brigade Group reported a strong financial and operational performance for the first quarter of FY27, recording ₹1,179 crore in revenue, ₹425 crore in EBITDA, and ₹285 crore in Profit Before Tax (PBT).

The company's PBT increased by 47% year-on-year, compared with ₹194 crore in Q1 FY26. Real estate sales during the quarter stood at ₹1,061 crore, while average realization increased by 21% year-on-year to ₹14,256 per sq. ft.

The performance was supported by continued momentum across the company's real estate, leasing, retail, and hospitality businesses.

Strong Real Estate Performance

Brigade Group's real estate segment generated ₹707 crore in revenue during Q1 FY27.

EBITDA from the real estate segment stood at ₹150 crore, representing a 45% increase compared with Q1 FY26.

The average realization of ₹14,256 per sq. ft. increased 21% year-on-year, reflecting continued demand for thoughtfully planned residential and commercial projects located in well-connected micro-markets.

During the quarter, Brigade launched approximately 4 million sq. ft. of commercial projects across Bengaluru and Hyderabad, further strengthening its development pipeline.

Leasing and Retail Businesses Maintain Momentum

The leasing segment recorded revenue of ₹328 crore, compared with ₹300 crore in Q1 FY26, representing 9% year-on-year growth.

Retail performance was supported by a premium brand mix, events, brand activations, and enhanced customer experiences.

Mall footfalls increased by 11% year-on-year, while retailer sales grew by 35% year-on-year.

The growth in retailer sales was driven by global brands across categories including fashion, lifestyle, dining, and family retail.

The company's leasing and retail businesses continue to provide recurring revenue and support the overall resilience of Brigade Group's diversified business model.

Hospitality Segment Shows Steady Growth

Brigade Group's hospitality business maintained steady performance despite challenges in global markets.

The hospitality segment recorded ₹144 crore in revenue during Q1 FY27.

Portfolio occupancy stood at 76%, while the average room rate (ARR) was reported at ₹7,241.

The performance demonstrates the continued contribution of the hospitality portfolio alongside the group's core real estate and leasing businesses.

Consolidated Financial Performance

Brigade Group reported the following consolidated financial results for Q1 FY27:

EBITDA margin increased to approximately 36%, compared with 28% in Q1 FY26.

Profit After Tax (PAT) stood at ₹217 crore, compared with ₹158 crore in the corresponding quarter of the previous year. PAT margin increased to approximately 18%, compared with 12% in Q1 FY26.

While consolidated revenue was lower than the ₹1,333 crore recorded in Q1 FY26, the company delivered significant improvement in profitability, with PBT increasing by 47% and EBITDA rising from ₹375 crore to ₹425 crore.

Strong Development Pipeline Ahead

Brigade Group expects to maintain its growth momentum with nearly 12 million sq. ft. of launches planned across its development portfolio.

The company is also strengthening its future pipeline through a strategic partnership with Bain Capital for a landmark mixed-use development in Whitefield, Bengaluru.

The upcoming projects are expected to further strengthen Brigade's presence across high-growth urban markets and support its long-term development strategy.

Management Commentary

Commenting on the Q1 FY27 performance, Pavitra Shankar, Managing Director, Brigade Group, said that the 21% increase in realizations reflects growing customer preference for thoughtfully designed projects located in well-connected micro-markets.

She highlighted the company's planned launches of nearly 12 million sq. ft. and the strategic partnership with Bain Capital for the Whitefield mixed-use development as important contributors to the future project pipeline.

She also noted that Brigade's annuity businesses across leasing, retail, and hospitality continued to demonstrate resilience.

The company remains focused on creating integrated destinations that bring together residential spaces, workplaces, hospitality, and retail, while aiming to generate sustainable long-term value for stakeholders.

About Brigade Enterprises Limited

Established in 1986, Brigade Group is one of India's leading property developers, with nearly four decades of experience across multiple real estate and hospitality segments.

The company has developed landmark projects and contributed to the transformation of urban skylines across Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City.

Its portfolio spans Residential, Office, Retail, Hospitality, and Education sectors.

With a diversified business model and presence across multiple high-growth markets, Brigade Group continues to focus on creating integrated developments and positive experiences for customers and stakeholders.

Key Facts

• Company: Brigade Enterprises Limited / Brigade Group
• Quarter: Q1 FY27
• Date: 13 August 2026
• Real Estate Sales: ₹1,061 crore
• Consolidated Revenue: ₹1,179 crore
• EBITDA: ₹425 crore
• Profit Before Tax: ₹285 crore
• PBT Growth: 47% YoY
• PAT: ₹217 crore
• Average Realization: ₹14,256 per sq. ft.
• Real Estate Revenue: ₹707 crore
• Real Estate EBITDA: ₹150 crore
• Leasing Revenue: ₹328 crore
• Hospitality Revenue: ₹144 crore
• Hospitality Occupancy: 76%
• Hospitality ARR: ₹7,241
• Commercial Launches During Quarter: Approximately 4 million sq. ft.
• Planned Future Launches: Nearly 12 million sq. ft.
• Key Markets: Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram and GIFT City