Brigade Enterprises Limited posts Q1 results: Consolidated revenue stands at 1,17,922 lakhs

Brigade Enterprises Limited posts Q1 results: Consolidated revenue stands at 1,17,922 lakhs​

Brigade Enterprises Limited has announced its unaudited consolidated and standalone financial results for the first quarter ended June 30, 2026. The company confirmed the approval of these results by its Board of Directors. Trading activities for the group were temporarily closed from July 1, 2026, with the trading window scheduled to reopen on August 16, 2026.

The consolidated financial results showed a total income of 1,17,922 lakhs and total expenses of 93,651 lakhs for the quarter. The company reported a net profit of 21,694 lakhs, resulting in an earnings per share (EPS) of 6.14 on both a basic and diluted basis.

Consolidated Financial Performance Review​

The results reflect performance across three key business segments: Real estate, Hospitality, and Leasing.


The consolidated statements also detailed significant operational events and changes in the business structure. The company noted that a gain of 4,288 lakhs was recognized as an Exceptional item, which resulted from the reduction of Brigade Enterprises Limited's holding in Vibrancy Real Estate Private Limited from 100% to 50%, following an investment by Bain Capital (GSS India Opportunities AIF Scheme I).

The management also stated that the outstanding refundable deposits amounting to 2,860 lakhs related to a Joint Development Agreement (JDA) are considered good and recoverable, despite ongoing arbitration filed by the landowner. Furthermore, the company confirmed compliance with the Income Tax Department survey conducted in December 2025 and expects no additional liability beyond what has been provided for previously.

Standalone Financial Highlights​

The standalone unaudited results also reflect strong performance across its key operational segments: Real estate and Leasing. For the quarter, Brigade Enterprises reported revenue from operations of 61,413 lakhs.


Key operational points highlighted in the standalone results included:

• Capital Structure Update: The paid-up equity share capital increased from 24,459 lakhs to 32,616 lakhs. This increase was attributed to the allotment of 28,321 equity shares on employee stock option exercise and a bonus issue of 8,15,40,595 in the ratio of 1:3.
• Project Risk Assessment: The company noted that the State Environment Impact Assessment Authority (SEIAA) revoked the Environmental Clearance for a residential project in Chennai, despite prior approval. However, management stated that the company has challenged this order through competent authorities and filed a writ petition before the Madras High Court, believing they have a strong case on merits, which is not likely to materially impact the consolidated results.

Overview of Subsidiaries and Operations​

The Group currently operates with 25 subsidiaries and 2 joint ventures as of June 30, 2026. The listed entities include Brigade Properties Private Limited, Perungudi Real Estates Private Limited, and Brigade Hospitality Services Limited among others. One subsidiary is noted to be in a step-down status.

The results were reviewed by Walker Chandiok & Co LLP, an Independent Auditor, whose review report was issued on August 13, 2026.

BRIGADE Stock Price Movement​

Shares of Brigade Enterprises Limited today slipped by 0.65% to close at ₹589.65. The stock saw a trading volume of 184,828 shares during the session.