| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 1.5K | 36.5% |
| Total Income | 1.5K | 34.4% |
| Expenditure | 1.2K | 27.7% |
| PBT | 288.84 | 73.6% |
| Net Profit | 235.52 | 104.7% |
| OPM | 2.22% | 10.72pp |
| NPM | 15.40% | 5.29pp |
| EPS | 9.98 | 102.0% |
Brigade Records Quarterly Sales of ₹ 2,492 Crores in Q3 FY25, a growth of 63% over Q3 FY24; PAT stood at ₹ 236 Crores during the quarter
29 Jan 2025 · 29 Jan 2025, 11:02 pm
Summary
Brigade Enterprises Ltd. reported a total revenue of ₹ 1,530 Crores and Profit After Tax of ₹ 236 Crores in Q3 FY25. Net bookings in the real estate segment of Q3 FY25 stood at 2.19 mn sft with a sale value of ₹ 2,492 Crores. Collections for Q3 FY24 stood at ₹ 1,777 crores. The company's portfolio occupancy stood at 98% with an overall leasing of 8.55 mn sqft (including hard option).
Key Highlights
- 1
Quarterly sales of ₹ 2,492 Crores, a growth of 63% over Q3 FY24
- 2
Profit After Tax stood at ₹ 236 Crores during the quarter
- 3
Real estate revenue stood at ₹ 1,103 Crores, a growth of 31% compared to Q3 FY24
- 4
EBITDA stood at ₹ 258 Crores in Q3 FY25
- 5
Induction of Ms. Padmaja Chunduru as an Independent Director
- 6
Real estate collections stood at ₹ 1,323 Crores, as against ₹ 974 Crores in Q3 FY24, a growth of 36%
- 7
Revenue in Q3 FY25 grew by 27% and stood at ₹ 1,530 Crores as against ₹ 1,208 Crores in Q3 FY24
- 8
EBITDA stood at ₹ 479 Crores in Q3 FY25 as against ₹ 296 Crores in Q3 FY24, an increase of 62%
- 9
PAT in Q3 FY25 stood at ₹ 236 Crores as against ₹ 56 Crores in Q3 FY24
Management Comments
Pavitra Shankar
Managing Director, Brigade Enterprises Ltd.
We have observed robust growth across all our business verticals during the quarter. Growth in the residential business continues in terms of pricing and volume driven by the launches of premium projects and a strong pipeline of launches in the coming quarters. Our leasing efforts witnessed continued momentum with the demand driven by technology, engineering & manufacturing companies. We are also aggressively pursuing land acquisition opportunities in our target markets to add high-quality assets to our land bank. This quarter also saw the highly successful launch of Brigade Gateway Hyderabad, an integrated development of high end residential, office, retail, and hospitality spaces.
Ms. Padmaja Chunduru
Independent Director, Brigade Enterprises Ltd.
Not provided in the document.
Informational and educational content only. Not investment advice.