Brigade Enterprises back in the black in Q2, revenue up 141% at Rs 776 cr

The firm saw Rs 831 crore in sales value in Q2, up 73% YoY

Brigade Enterprises is back in the black with a consolidated net profit, attributable to shareholders, for the quarter ended September (Q2) at Rs 12 crore. The company had registered losses of Rs 40 crore and Rs 17 crore in the June quarter and year-ago period, respectively.

Revenue in Q2 grew 141 per cent to Rs 776 crore from Rs 322 crore in the corresponding quarter last year. Brigade saw Rs 831 crore in sales value in Q2, up 73 per cent year-on-year, with net area sales of 1.3 million sq ft. The residential business, with contributions from the Bengaluru, Chennai and