Brigade Enterprises’ shares surged 5% following the company’s impressive financial performance for Q3 FY25. As of 9:23 AM, the shares were trading 3.34% higher at Rs 1,129.60.
The real estate giant reported a staggering 321.8% year-on-year (YoY) increase in net profit, reaching ₹235.5 crore, while revenue from operations rose by 24.6% YoY to ₹1,463.94 crore. This robust growth was fueled by strong real estate demand and accelerated project executions.
The company’s total income for the quarter ended December 31, 2024, climbed 26.6% YoY to ₹1,529.68 crore, reflecting solid business momentum. Profit before tax (PBT) saw a remarkable rise, touching ₹288.84 crore compared to ₹79.46 crore in Q3 FY24. Meanwhile, total expenses increased moderately to ₹1,240.84 crore from ₹1,128.72 crore, showcasing effective cost management.
For the nine months ended December 31, 2024, Brigade Enterprises recorded a total revenue of ₹3,781.25 crore, up 14.5% YoY, while net profit more than doubled to ₹431.1 crore, marking a 126.2% surge.
Brigade Enterprises opened at ₹1,182.00, reaching a high of ₹1,182.00 and a low of ₹1,125.00. The stock’s 52-week high stands at ₹1,453.10, while the low is ₹827.00.
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