Brigade Enterprises Limited, a leading real estate developer, has reported a 20% year-on-year (YoY) increase in profit after tax (PAT), reaching ₹246.8 crore for the fourth quarter (Q4) of FY25. Despite a 14.2% decline in revenue, the company remains optimistic about its growth trajectory, backed by strategic expansions and record-high real estate sales.
Financial Highlights
- Q4 PAT: ₹246.8 crore, up 20% YoY.
- Revenue: ₹1,460.4 crore, down 14.2% YoY.
- FY25 Real Estate Sales: ₹7,847 crore, marking a 31% YoY growth.
- Total Sales Volume: 7.05 million square feet.
- Cash Flow from Operations: ₹2,135 crore, up 36% YoY.
Strategic Expansion: Chennai Land Acquisition
Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, with a development potential of 0.8 million square feet and a gross development value (GDV) of ₹1,600 crore. The acquisition aligns with the company’s long-term expansion strategy, reinforcing its presence in Chennai, which has become its second-largest market after Bengaluru.
Market Outlook & Growth Strategy
With a strong pipeline of 26 million square feet of ongoing projects and 15 million square feet of upcoming developments, Brigade Enterprises is poised for continued growth. The company’s focus on premium residential and commercial projects is expected to drive sustained demand in the coming quarters.
For more updates on Brigade Enterprises and real estate trends, stay tuned!
