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Brigade Achieved Pre-Sales Of Rs 1086 Cr In Q1 FY25

Brigade Achieved Pre-Sales Of Rs 1086 Cr In Q1 FY25

BY Realty Plus
Published - Thursday, 08 Aug, 2024
Brigade Achieved Pre-Sales Of Rs 1086 Cr In Q1 FY25

Brigade Group reported a total revenue of Rs 1,113 Crores and Profit After Tax of Rs 81 Crores in Q1 FY25. Pre-sales bookings in the real estate segment of Q1 FY25 stood at 1.15 Mn. Sft, with a sale value of Rs 1086 Crores. Average realisation stood at Rs 9,483 per Sft.

"Real estate segment continued to be the primary driver of our growth, while other segments made healthy contributions. We believe that our diverse portfolio will help us capitalize on emerging opportunities. We will be holding the 17th edition of our annual event Brigade Showcase from the 9th to 11th August 2024. With the focus largely on sustainability, visitors can expect to learn about our eco-friendly practices, energy-efficient designs, and commitment to creating sustainable living spaces. It is an opportunity for prospective homebuyers to explore over 20 exceptional Brigade projects, including integrated townships, apartments, villas, and plots, ranging from Rs. 49 lakhs to Rs. 21 crores in the cities of Bengaluru, Chennai and Hyderabad,” said Pavitra Shankar, Managing Director, Brigade Enterprises Ltd. 

Real estate revenue stood at Rs 707 Crores during Q1 FY25. Leasing revenue stood at Rs 259 Crores during Q1 FY25.Hospitality revenue stood at Rs 118 Crores during Q1 FY25

Consolidated revenue including other income stood at Rs 1,113 Crores during Q1 FY25. EBITDA stood at Rs 328 Crores in Q1 FY25. PAT in Q1 FY25 stood at Rs 81 Crores

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