Brigade Hotel Ventures Reports 10 Percent Revenue Growth In Q2 FY27 As Profit After Tax Doubles
Bengaluru, October 27, 2026: Hospitality company Brigade Hotel Ventures Ltd. (BHVL) reported a consolidated total revenue of Rs 142 crore for the second quarter ended September 30, 2026, marking a 10 percent growth compared to the corresponding period of the previous fiscal year, according to a press release issued by the company.
Consolidated Profit After Tax (PAT) for Q2 FY27 stood at Rs 22 crore, more than doubling with a 105 percent increase from Rs 11 crore in Q2 FY26. Consolidated revenue from operations reached Rs 138 crore compared to Rs 126 crore in the year-ago quarter, while EBITDA grew 26 percent to Rs 52 crore. Food and beverage (F&B) revenue increased 10 percent to Rs 46 crore.
During the quarter, the company’s Average Room Revenue (ARR) grew 11 percent year-on-year to Rs 7,876, while Revenue Per Available Room (RevPAR) rose 10 percent to Rs 5,922, with occupancy levels reaching 75.2 percent. The Bengaluru market recorded an 8 percent increase in ARR to Rs 9,422 and a 12 percent growth in RevPAR to Rs 7,611.
For the first half of the financial year (H1 FY27), the company posted a consolidated total revenue of Rs 273 crore, up 7 percent year-on-year. Consolidated PAT for the half-year period expanded 122 percent to Rs 39 crore compared to Rs 18 crore in H1 FY26. Operating revenue reached Rs 265 crore and EBITDA stood at Rs 98 crore, up 18 percent. ARR for H1 FY27 increased 9 percent to Rs 7,559 with an overall occupancy of 75.4 percent.
“We are pleased with our Q2 FY27 performance despite West Asia crisis uncertainties. We delivered a double digit growth in revenue and a greater than 100% increase in PAT. RevPAR. EBIDTA saw a 26% increase over the same quarter last year,” said Nirupa Shankar, Managing Director, Brigade Hotel Ventures Ltd.
“After a muted Q1, MICE activity picked up meaningfully, with a large electronics conference in Bengaluru lifting both rooms and F&B. We enter H2 with confidence. October trends and enquiries point to a strong Q3, supported by festive, wedding and MICE demand. We are on track to launch Courtyard by Marriott Chennai World Trade Centre and are actively evaluating acquisition opportunities. With a strong development pipeline and a growing share of luxury and upper-upscale hotels, we remain on track to double our portfolio by FY30, with a meaningful uplift in ARR along the way.”
