Brigade Group‘s listed company, Brigade Enterprises, sold real estate worth ₹1,827 crore in Q2 FY27 and raised its consolidated net profit about 29% to ₹219 crore. Management has kept its full-year pre-sales target of ₹9,000 crore, which would be 21% growth over last year.
How did Brigade Enterprises perform in Q2 FY27?
- Real estate sales: ₹1,827 crore on about 1.3 million Sq.Ft.
- Collections: ₹1,633 crore in Q2 and ₹3,489 crore in H1
- Launches: about 2.4 million Sq.Ft., with an estimated sales value of about ₹3,000 crore
- Total income: ₹1,250 crore, down 12.6%
- Net profit: ₹219 crore, up about 29%
- FY27 pre-sales target: ₹9,000 crore
What price per Sq.Ft. is Brigade selling at?
Dividing sales by the area sold gives an average of roughly ₹14,000 per Sq.Ft. for the quarter, our own calculation from the reported figures. That is higher than the averages reported by most large Bengaluru developers, and reflects Brigade’s mix of premium launches in the city.
Income fell even as profit rose because revenue is counted when projects are handed over, while profit also depends on the margin of the projects completed that quarter. Collections, the money buyers actually paid, held steady at ₹1,633 crore, which keeps construction funded.
Will Brigade launch more Bengaluru projects before March 2027?
To reach ₹9,000 crore, Brigade needs a strong second half, so expect more launches and offers through early 2027. In Bengaluru its live projects include Brigade Avalon in Whitefield and Brigade’s Kanakapura Road project. Earlier this year the group also announced a ₹40,000 crore investment plan across South India.
Vikas H S is the Project Reviewer at BookNewProperty. He reviews every project page against the developer and the state RERA portal, and writes the site's developer results and market news in plain language for first-time buyers.
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