Brigade Enterprises Reports 31% Annual Growth in Property Sales, Reaches Rs 7,847 Crore
Brigade Enterprises, a leading real estate developer in South India, reported a 31% increase in property sales to Rs 7,847 crore in the last fiscal year, driven by strong demand for residential properties and premium project launches.
Brigade EnterprisesReal EstateResidential PropertiesPremium ProjectsIpoReal Estate NewsMay 18, 2025
In its latest investors' presentation, Brigade Enterprises highlighted that the company achieved pre-sales of Rs 7,847 crore in FY25, a 31% increase over the previous fiscal year. The pre-sales for the 2023-24 financial year stood at Rs 6,013 crore. The company sold residential properties worth Rs 7,567 crore and commercial properties worth Rs 280 crore in the 2024-25 fiscal year.
The pre-sales volume for 2024-25 was 7.05 million square feet, with an average realization of Rs 11,138 per square foot, marking a 40% increase over the previous fiscal year. This growth is primarily due to the launch of premium projects. Brigade Enterprises launched the highest-ever area of 9.5 million square feet, comprising 11 projects in the last fiscal year.
On Wednesday, Brigade Enterprises reported an 18% increase in consolidated net profit to Rs 249.35 crore for the March quarter. In the same quarter of the previous year, the net profit stood at Rs 210.86 crore. However, total income for the March quarter fell to Rs 1,532.29 crore from Rs 1,762.62 crore in the corresponding period of the previous year.
For the 2024-25 fiscal year, the company's net profit increased to Rs 680.47 crore from Rs 401.04 crore in the preceding year. Total income also rose to Rs 5,313.54 crore in the last fiscal year from Rs 5,064.15 crore in the 2023-24 financial year.
Brigade Enterprises is one of the leading real estate developers in the country, with a strong presence in South India. The company specializes in developing residential, office, shopping mall, and hotel projects. To further expand its reach, Brigade Enterprises plans to list its hospitality venture on stock exchanges and has already filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO).
This strategic move is expected to provide the company with additional capital to fuel its growth and expansion plans in the highly competitive real estate market.
Frequently Asked Questions
What was the total value of property sales for Brigade Enterprises in the last fiscal year?
Brigade Enterprises reported property sales worth Rs 7,847 crore in the last fiscal year, marking a 31% increase from the previous year.
How much did Brigade Enterprises' net profit increase in the last fiscal year?
The company's net profit for the 2024-25 fiscal year rose to Rs 680.47 crore, up from Rs 401.04 crore in the preceding year.
What types of properties did Brigade Enterprises sell in the last fiscal year?
In the 2024-25 fiscal year, Brigade Enterprises sold residential properties worth Rs 7,567 crore and commercial properties worth Rs 280 crore.
What is Brigade Enterprises' plan for its hospitality venture?
Brigade Enterprises plans to list its hospitality venture on stock exchanges and has already filed a Draft Red Herring Prospectus (DRHP) with SEBI to launch an Initial Public Offering (IPO).
What regions does Brigade Enterprises primarily operate in?
Brigade Enterprises has a significant presence in South India and specializes in developing a variety of projects, including residential, office, shopping mall, and hotel properties.
Related News Articles
Residential Real Estate Market in India: Mumbai and Hyderabad Take the Lead
India's residential real estate market witnesses a surge in premium and luxury segments, with Mumbai and Hyderabad contributing significantly to the growth.
Cyber Criminals Target High-Profile Executives: The Rise of Whale Phishing in Real Estate
A city-based real estate company lost Rs 40 lakh to cyber fraudsters posing as the company's director, highlighting the growing threat of whale phishing in the industry.
M3M India Appoints Stuart McConnachie as Chief Construction Controller to Oversee Luxury Real Estate Projects
M3M India, a leading luxury real estate developer, has appointed Stuart McConnachie as its Chief Construction Controller to oversee its high-end projects, including Jio World Mumbai and Island Development.
India's Real Estate Sector Experiences Notable Sales Surge in Q3 2023
The Indian real estate market has shown remarkable growth in the September quarter, with major publicly-listed firms reporting sales totaling nearly Rs 35,000 crores. This surge is a clear indicator of the sector's resilience and potential for further exp
Unraveling RBI's Decision: Why the Repo Rate Remained at 6.5%
Given the critical role of real estate, which contributes up to 7% of India's GDP, maintaining rate stability can also ensure development in related sectors...
Film Producer Madhu Mantena Acquires Three Juhu Apartments for ₹25.75 Crore
Film producer Madhu Mantena has made a significant foray into Mumbai's real estate market. Documents reviewed by a reliable source reveal that Mantena has recently acquired three luxurious apartments in Juhu for a whopping ₹25.75 crore.