Brigade Group Delivers 47% Growth in Profit Before Tax with Revenue of Rs 1,179 Crores in Q1 FY27
Bengaluru, August 13, 2026: Brigade Group reported a strong financial performance for the first quarter of FY27, recording revenue of Rs 1,179 crores, real estate sales of Rs 1,061 crores, and an EBITDA of Rs 425 crores. The company’s profit before tax rose to Rs 285 crores, representing a 47% increase compared to the same period in the previous fiscal year. Average real estate realization reached Rs 14,256 per sq. ft., marking a 21% growth over Q1 FY26, the company said in a press release.
The real estate segment clocked a revenue of Rs 707 crores and achieved an EBITDA margin of 21%, amounting to Rs 150 crores, which represents a 45% increase over Q1 FY26. On a consolidated level, Brigade Group recorded an EBITDA of Rs 425 crores compared to Rs 375 crores in Q1 FY26, while profit after tax stood at Rs 217 crores, up from Rs 158 crores in the corresponding quarter of the previous year. Revenue for the quarter stood at Rs 1,179 crores compared to Rs 1,333 crores in Q1 FY26.
The leasing segment generated Rs 328 crores in revenue during the quarter, up 9% year-on-year from Rs 300 crores in Q1 FY26. Mall footfalls increased by 11% year-on-year, driven by a premium brand mix, events, brand activations, and improved customer experience, while retailer sales grew by 35% year-on-year led by global fashion, lifestyle, dining, and family retail brands. During the quarter, Brigade Group also launched approximately 4 million sq. ft. of commercial projects across Bengaluru and Hyderabad.
The hospitality business demonstrated steady growth despite broader global challenges, delivering revenue of Rs 144 crores. The segment achieved a portfolio occupancy rate of 76% alongside an average room rate of Rs 7,241.
Commenting on the financial results and operational outlook, Pavitra Shankar, Managing Director, Brigade Group, said, “Achieving a 21% growth in realizations, underscores the growing preference for thoughtfully designed projects in well-connected micro-markets. Looking ahead, with nearly 12 million square feet of launches planned and our strategic partnership with Bain Capital for a landmark mixed-use development in Whitefield, we are significantly strengthening our future pipeline in high-growth markets. Our annuity businesses across leasing, retail and hospitality continued to be resilient.”
Reflecting on the company’s long-term vision, Shankar added, “As India’s urban transformation accelerates, we remain focused on creating integrated destinations that bring together homes, workplaces, hospitality and retail, while driving sustainable value for all stakeholders.”
