Brigade Q4 profit rises 234% on strong demand

Wednesday, 29 May 2024
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Brigade QL profit rises 234% on strong demand

Real estate developer Brigade Enterprises reported a 234 per cent

rise in net profit to₹211 crore for the fourth quarter ended March (QuFY24). The total revenue stood at 1,763 crore, up102 per cent, on the back of strong demand. Ebitda stood at₹493 crore in QLFY24 as against ₹231 crore in Q4 FY23, an increase of 113 per cent. Brigade approved afinal dividend of₹2 per equity share (20 per cent) of 10 each. Brigade achieved presales of 32,243 crore in Q4 FY24 and 36,013 crore for the entire FY24. BS REPORTER

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Brigade QL profit rises 234% on strong demand Real estate developer Brigade Enterprises reported a 234 per cent rise in net profit to₹211 crore for the fourth quarter ended March (QuFY24). The total revenue stood at 1,763 crore, up102 per cent, on the back of strong demand. Ebitda stood at₹493 crore in QLFY24 as against ₹231 crore in Q4 FY23, an increase of 113 per cent. Brigade approved afinal dividend of₹2 per equity share (20 per cent) of 10 each. Brigade achieved presales of 32,243 crore in Q4 FY24 and 36,013 crore for the entire FY24. BS REPORTER