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Brigade Group Q3 FY25 Results: Profit Triples to ₹236 Crore, Revenue Up 27%

Written by: Kusum KumariUpdated on: Jan 30, 2025, 5:05 PM IST
Brigade Group's Q3 FY25 profit soared 322% YoY to ₹236 crore, with revenue rising 27% to ₹1,530 crore. Strong real estate sales, leasing growth, and expansion plans boost outlook.
Brigade Group Q3 FY25 Results: Profit Triples to ₹236 Crore, Revenue Up 27%
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Brigade Group, a Bengaluru-based real estate company, reported a significant jump in its consolidated profit after tax (PAT) for Q3 FY25, reaching ₹236 crore. This marks a 322% year-on-year (YoY) increase. The company’s revenue grew by 27% to ₹1,530 crore, compared to ₹1,208 crore in the same quarter last year.

Real Estate Sales and Collections Rise

  • The company recorded net bookings of 2.19 million square feet in Q3 FY25, with a total sale value of ₹2,492 crore.
  • Real estate collections rose 36% YoY to ₹1,323 crore from ₹974 crore in Q3 FY24.
  • Revenue from the real estate segment increased by 31% YoY to ₹1,103 crore, while EBITDA stood at ₹258 crore.

Leasing Business Sees Steady Growth

  • Revenue from the leasing segment reached ₹280 crore, reflecting a 13% YoY increase.
  • EBITDA from leasing stood at ₹169 crore.
  • The company’s portfolio occupancy was at 98%, covering 8.55 million square feet (including hard options).

Future Expansion Plans

Managing Director Pavitra Shankar highlighted strong growth across all business segments. The residential segment saw rising demand, driven by premium project launches and a strong pipeline for upcoming quarters. Leasing activity also remained strong, particularly from technology, engineering, and manufacturing companies.

Brigade Group is actively pursuing land acquisitions in key markets to expand its portfolio. A major highlight for the quarter was the successful launch of Brigade Gateway Hyderabad, a large mixed-use development featuring residential, office, retail, and hospitality spaces.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Jan 30, 2025, 10:19 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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