Brigade Group reported a 47% year-on-year increase in Profit Before Tax (PBT) to ₹285 crore in Q1 FY27, even as consolidated revenue declined 12% to ₹1,179 crore from ₹1,333 crore in the year-ago quarter.
The Bengaluru-based real estate group recorded EBITDA of ₹425 crore, up from ₹375 crore in Q1 FY26, while PAT increased to ₹217 crore from ₹158 crore, reflecting stronger margins during the quarter.
Real estate sales stood at ₹1,061 crore, with average realisation rising 21% year-on-year to ₹14,256 per sq. ft. The real estate segment generated revenue of ₹707 crore and EBITDA of ₹150 crore, up 45% from the corresponding period last year.
The leasing business reported revenue of ₹328 crore, a 9% increase year-on-year. Mall footfalls grew 11%, while retailer sales increased 35%, supported by global brands across fashion, lifestyle, dining and family retail. Brigade also launched approximately 4 million sq. ft. of commercial projects across Bengaluru and Hyderabad during the quarter.
The hospitality segment reported revenue of ₹144 crore, with portfolio occupancy at 76% and average room rate (ARR) of ₹7,241.
“Achieving a 21% growth in realisations underscores the growing preference for thoughtfully designed projects in well-connected micro-markets,” said Pavitra Shankar, Managing Director, Brigade Group.
The company has nearly 12 million sq. ft. of launches planned and is also advancing a strategic partnership with Bain Capital for a mixed-use development in Whitefield.
Brigade said its leasing, retail and hospitality businesses continued to provide resilience alongside its core real estate operations, as it focuses on developing integrated destinations combining residential, commercial, hospitality and retail assets.
