Brigade Enterprises Limited has released its unaudited consolidated financial results for the quarter ended September 30, 2024. The company recorded a revenue from operations of ₹1,072.16 crore, reflecting a 21.6% decline compared to ₹1,366.58 crore in the same quarter last year. Sequentially, revenue saw a slight decline from ₹1,077.72 crore in the previous quarter.
On the profitability front, Brigade Enterprises reported a net profit of ₹115.08 crore for Q2 FY25, up by 2.3% from ₹113.49 crore in Q2 FY24. However, the profit showed an increase when compared with ₹80.53 crore in the preceding quarter, marking a strong quarterly performance.
This performance underscores the company’s resilience amid challenging market conditions, as it continues to focus on sustaining profitability despite a dip in revenue. The results highlight the ongoing initiatives and strategic focus areas that Brigade Enterprises is likely to leverage in the coming quarters.
