Brigade Enterprises Soars: Nirupa Shankar Shares Insights on Q4 Performance and FY25 Outlook
Brigade Enterprises reports highest-ever real estate sales
Real EstateBrigade EnterprisesNirupa ShankarFy25 OutlookExpansion PlansReal Estate NewsMay 30, 2024
Total collections increased by 9%, amounting to ₹5,915 crore, with net cash flow from operations standing at ₹1,575 crore. In Q4 FY24, revenue skyrocketed by 102% to ₹1,763 crore, with real estate revenue soaring by 143% to ₹1,390 crore. Leasing revenue grew by 32% to ₹247 crore, and the hospitality sector saw a 13% increase, reaching ₹126 crore. EBITDA for Q4 doubled, increasing by 113% to ₹493 crore, while PAT jumped by 234% to ₹211 crore.
Nirupa Shankar, Joint Managing Director of Brigade Enterprises, shared her insights on the factors driving this growth, providing valuable insights into the real estate sector, and outlining the company's expansion plans and outlook for FY25.
Brigade Enterprises is a leading property developer in India, known for its high-quality residential and commercial projects. The company has a strong presence in South India, with a diverse portfolio of projects across various segments.
About Brigade Enterprises: Brigade Enterprises is a reputed real estate company in India, committed to delivering world-class projects that meet the evolving needs of customers. With a focus on quality, innovation, and customer satisfaction, the company has established itself as a trusted brand in the industry.
Frequently Asked Questions
What is the total revenue of Brigade Enterprises in FY24?
The total revenue of Brigade Enterprises in FY24 is ₹5 064 crore marking a growth of 42% over FY23
What is the highest-ever real estate sales achieved by Brigade Enterprises?
Brigade Enterprises has reported its highest-ever real estate sales of 7 55 million square feet for the financial year ending March 2024
What is the growth rate of EBITDA in Q4 FY24?
EBITDA for Q4 FY24 has doubled increasing by 113% to ₹493 crore
What is the outlook of Brigade Enterprises for FY25?
Nirupa Shankar Joint Managing Director of Brigade Enterprises has shared the company's expansion plans and outlook for FY25 which looks promising given the company's current performance
What is the net cash flow from operations of Brigade Enterprises in FY24?
The net cash flow from operations of Brigade Enterprises in FY24 stands at ₹1 575 crore
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