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
Related News Articles
Hazoor Multi Projects: Small Cap Stock Sets Record Date, Shares Skyrocket 180% in 1 Year
Hazoor Multi Projects Limited, a leading player in infrastructure and real estate, has announced a 1:10 stock split and a dividend of Rs 2 per share. The company has set a record date for the same, sending its shares soaring by 180% in just one year.
Nimbus Projects' Stock Reaches All-Time High, Outperforming Sector and Sensex
In a significant market move, Nimbus Projects' stock has surged to its highest level, outperforming both its sector and the Sensex. This remarkable achievement reflects the company's strong financial health and robust business strategies.
Thakral Corporation Puts Rs 40 Crore in Gurugram Real Estate Project
Singapore-based Thakral Corporation has invested Rs 40 crore in a Gurugram real estate project, focusing on healthcare and residential development.
CIDCO Revokes Leases of 16 Underused Plots in Navi Mumbai
CIDCO has taken a firm stance by cancelling the leases of 16 underutilized plots in Navi Mumbai, a move that comes just weeks after Godrej Properties signed a significant agreement to lease a 6.54-acre land parcel in Kharghar.
Ribbon-Cutting Marks the Grand Opening of RoseMary’s Place: A $45 Million Affordable Housing Complex
HOUSTON, April 14, 2025 /PRNewswire/ -- The NHP Foundation (NHPF), a leading national not-for-profit provider of affordable housing, celebrated the grand opening of RoseMary’s Place, a $45 million affordable housing complex in Houston. The event marked a significant milestone in providing safe, affordable, and sustainable living options for the community.
Pune's Office Market Surges with Record 2.07 Million Sq Ft Absorption in Q1 2025
The office real estate market in Pune witnessed an unprecedented growth in the first quarter of 2025, with net absorption reaching a historic 2.07 million sq ft. This significant milestone underscores the city's growing appeal as a prime business destination.