Brigade Enterprises Reports 36.5% Profit Growth in Q2 FY26 Driven by Strong Revenue Surge

Brigade Enterprises Ltd posted robust financial results for the second quarter of fiscal year 2026 (ended September 30, 2025). The company's consolidated net profit saw a significant jump of 36.5%, reaching ₹163 crore compared to ₹119 crore in the same period last year. Total revenue also experienced a substantial increase of 29%, amounting to ₹1,383 crore, up from ₹1,072 crore in the corresponding quarter of the previous year. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 12% to ₹327.8 crore. However, the EBITDA margin saw a slight decrease, moving from 27.3% in Q2 FY25 to 23.7% in Q2 FY26.

The real estate segment was a key driver of this growth, with revenue rising by 31% to ₹951 crore. The company achieved net bookings of 1.90 million square feet, valued at ₹2,034 crore. The leasing segment reported revenue of ₹341 crore, a 17% increase, and maintained a high occupancy rate of 92%. The hospitality segment contributed ₹138 crore in revenue, showing a 16% growth.

Brigade Enterprises also announced the appointment of Debashis Chatterjee as an Independent Director. Managing Director Pavitra Shankar expressed optimism about the company's outlook for the second half of the fiscal year, highlighting strong development pipelines and business growth.

Impact: This positive financial performance is likely to boost investor confidence in Brigade Enterprises and potentially influence its stock price. The strong growth in the real estate sector, as indicated by these results, suggests a healthy market environment for the sector, which could have a ripple effect on related industries and the broader Indian stock market. Rating: 7/10.

Difficult Terms Explained: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): A measure of a company's operating performance before accounting for interest expenses, taxes, and non-cash charges like depreciation and amortization. It provides insight into the profitability of the company's core operations. EBITDA Margin: Calculated as EBITDA divided by total revenue, expressed as a percentage. It indicates the profitability of a company's core business operations relative to its revenue. A declining margin might suggest increased operating costs or pricing pressures.