Shares of Brigade Enterprises witnessed a significant surge today, jumping 4.02% to ₹1,253.00 as of 12:30 PM. The stock opened at ₹1,220.00 and reached a high of ₹1,269.00, with a low of ₹ 1,207.35 during the trading session. Brigade Enterprises has increased from Rs 594.8 to Rs 1,250.7 in the past year, a rise of Rs 656.0 (up 110.3%).
Brigade Enterprises’ net profit for the quarter that ended in June 2024 increased 267.9% YoY to Rs 805 million from Rs 219 million in the same period the previous year. During the period, net sales increased by 64.8% to Rs 10,777 million, from Rs 6,540 million in April-June 2023.
The copmany recorded an 80.5% increase in net profit to Rs 4,010 million for the year that ended in March 2024 against Rs 2,222 million for the previous fiscal year. During FY24, the company’s revenue increased by 42.2% to Rs 48,967 million.
