Brigade Enterprises Ltd

The said project is located along the Sholinganallur-Medavakkam road in Chennai. With a gross development value of approximately Rs 2,100 crore, project spans 14.7 acres, features three towers housing thoughtfully designed units comprising of 2, 3 and 4 BHK apartments with sizes extending up to 2,599 sq. ft. The project has a total development potential of 2.2 million square feet. This project will set new benchmarks for integrated residential communities and will be developed under a joint development agreement (JDA), reinforcing Brigade Group's commitment to deliver landmark projects that redefine urban living in the city. The 1,250 unit development is strategically located just 150 meters from the upcoming Classical Tamil Institute Metro Station, ensuring exceptional connectivity to Chennai's thriving IT hubs, including Elcot IT Park, Wipro, and Cognizant'all within a 10-minute radius. Pavitra Shankar, managing director, Brigade Enterprises, said, 'Chennai continues to be a vital market for Brigade Group, and this expansion aligns with our vision of delivering high-quality residential developments in upcoming urban corridors. We will continue to actively identify opportunities to develop landmark projects that cater to diverse residential needs with sustainable and community-driven development. Our expansion strategy is built on a strong foundation of delivering excellence in real estate, with a balanced mix of residential, commercial, and mixed-use developments. With its prime location, proximity to IT hubs, and a serene green backdrop, Brigade Morgan Heights will offer an unparalleled living experience. We remain committed to creating spaces that seamlessly integrate comfort, sustainability, and modern living.' Brigade Enterprises is one of India's leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels. The company reported a 19.76% jump in consolidated net profit to Rs 246.82 crore in Q4 FY25 as against Rs 206.09 crore reported in Q4 FY24. However, revenue from operations fell 14.21% year-on-year (YoY) to Rs 1,460.39 crore in the quarter ended 31 March 2025. The counter rose 0.95% to settle at Rs 1,144.55 on the BSE.Powered by Capital Market - Live

Infor India, a subsidiary of global enterprise software leader Infor, has leased 24,000 sq. ft. of office space at BuzzWorks Auro Orbit, located in Hyderabad's HITEC City area. The company stated that this addition enhances BuzzWorks' growing footprint in the city and supports its broader goal of reaching 1 million sq. ft. of managed workspace across its portfolio by the end of FY2026. BuzzWorks Auro Orbit is designed around an Urban Forest theme that blends technology and biophilia to promote creativity, well-being, and sustainability. Situated on the 18th floor, the workspace features AI-powered smart systems, eco-conscious materials, and thoughtfully curated amenities, offering panoramic city views and a vibrant work environment. Siddharth Verma, General Manager, BuzzWorks, said, 'Available data suggests Hyderabad's commercial real estate is undergoing a structural shift; 12.5 million sq. ft. of Grade A space was leased in 2024, a 56% year-on-year growth, led by IT services and Global Capability Centers. The fact that flexible workspace operators accounted for 14% of this uptake and continue to hold a 14% share across India's top cities signals more than just demand. It points to a redefinition of value in office space. At BuzzWorks, we see this inflection point as an opportunity to lead the category transition from space providers to experience enablers, and from fixed assets to office-as-a-service.' Brigade Enterprises is one of India's leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels. Brigade Enterprises reported a 19.76% jump in consolidated net profit to Rs 246.82 crore in Q4 FY25 as against Rs 206.09 crore reported in Q4 FY24. However, revenue from operations fell 14.21% year-on-year (YoY) to Rs 1,460.39 crore in the quarter ended 31 March 2025. Powered by Capital Market - Live

The newly formed LLP has an initial capital contribution of Rs 99,990 and will be engaged in the development of real estate projects, the company said in a regulatory filing. This move is part of Brigade Group's continued expansion into the real estate development space through its subsidiaries and associated entities. The incorporation of a new Limited Liability Partnership (LLP), Auraterra Developers LLP, with a total capital contribution of Rs 1,00,000. The LLP is newly incorporated and currently has no turnover. The acquisition of interest in Auraterra Developers LLP falls under related party transactions, as Brigade Tetrarch Private Limited, a wholly owned subsidiary of Brigade Enterprises, is a designated partner in the LLP. Brigade Tetrarch holds a 99.99% stake in Auraterra Developers LLP through capital contribution. This strategic step is part of Brigade's broader plans to expand its footprint in the real estate sector through new development partnerships and entities. Brigade Enterprises is one of India's leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels. Brigade Enterprises reported 19.76% jump in consolidated net profit to Rs 246.82 crore in Q4 FY25 as against Rs 206.09 crore reported in Q4 FY24. However, revenue from operations fell 14.21% year-on-year (YoY) to Rs 1,460.39 crore in the quarter ended 31 March 2025.Powered by Capital Market - Live

However, revenue from operations fell 14.21% year-on-year (YoY) to Rs 1,460.39 crore in the quarter ended 31 March 2025. Profit before tax for the March 2025 quarter was at Rs 305.65 crore, up 9.61% on a YoY basis. On the segmental front, the company's revenue from the real estate segment stood at Rs 976.72 crore (down 26.97% YoY), income from leasing was Rs 346.08 crore (up 38.07% YoY), while revenue from the hospitality segment stood at Rs 153.28 crore (up 18.25% YoY) during the period under review. EBITDA stood at Rs 488 crore in the fourth quarter of FY25, down 1.01% year-on-year (YoY). During the quarter under review, the real estate segment registered a sales volume of 2.03 million sq. ft., with a sales value of Rs 2,448 crore in Q4 FY25, an increase of 9% over Rs 2,243 crore in Q4 FY24. Collections for Q4 FY25 stood at Rs 1,929 crore, compared to Rs 1,838 crore in Q4 FY24. Pavitra Shankar, managing director, Brigade Enterprises, said, 'FY25 has been a landmark year for Brigade Group, with meaningful contributions across our businesses. The consistent demand has fuelled our expansion, and with a strong pipeline of 26 mn sft of ongoing projects and approximately 15 mn sft of upcoming developments, we are confident that we can maintain this momentum in the coming quarters as well. Furthermore, as of March 31, 2025, Brigade has achieved a significant milestone'successfully delivering 100 mn sft of built-up space across all its projects since inception. This accomplishment reflects our unwavering commitment to quality, innovation, and excellence in the real estate sector. Our continued focus on South India remains a priority, and we are actively seeking high-quality land parcels that align with our stringent standards and our unwavering commitment to a consumer-first approach.' Meanwhile, the company's board has recommended a final dividend of Rs 2.5 per equity share for the financial year 2024-25. Brigade Enterprises is one of India's leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels. The scrip fell 3.73% to Rs 1,050.75 on the BSE. Powered by Capital Market - Live

Brigade Enterprises announced that the Board of Directors of the Company at its meeting held on 14 May 2025, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Brigade Enterprises rose 19.76% to Rs 246.82 crore in the quarter ended March 2025 as against Rs 206.09 crore during the previous quarter ended March 2024. Sales declined 14.21% to Rs 1460.39 crore in the quarter ended March 2025 as against Rs 1702.37 crore during the previous quarter ended March 2024. For the full year,net profit rose 51.85% to Rs 685.76 crore in the year ended March 2025 as against Rs 451.61 crore during the previous year ended March 2024. Sales rose 3.63% to Rs 5074.21 crore in the year ended March 2025 as against Rs 4896.69 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1460.391702.37 -14 5074.214896.69 4 OPM %28.4825.42 -27.8724.39 - PBDT381.28355.00 7 1158.05870.77 33 PBT305.65278.83 10 869.27568.68 53 NP246.82206.09 20 685.76451.61 52 Powered by Capital Market - Live

The land will be developed into a premium commercial project with a gross leasable area of approximately 1.5 million square feet and a GDV of over Rs 2,000 crore. Nirupa Shankar, joint managing director, Brigade Enterprises, said, 'This strategic acquisition is a significant step in our journey to create world class commercial spaces that inspired by creating a sustainable and future ready workspace. Whitefield remains a prime destination for office demand due to metro connectivity, and the vibrant corporate ecosystem that exists. With cutting-edge architecture and future-ready, sustainable infrastructure, this project will stand out in Bengaluru's commercial landscape while enhancing Brigade Group's leadership in the Grade A office leasing segment. This project will also work towards bringing us closer to achieving our net zero target.' Brigade Group is one of India's leading property developers. It has developed many landmark buildings and transformed skylines across India in the cities of Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City with developments across residential, office, retail, hospitality and education sectors. The company's consolidated net profit surged to Rs 236.24 crore in Q4 FY25 as compared with Rs 73.49 crore in Q4 FY24. Net sales increased 24.7% YoY to Rs 1,463.94 crore in Q4 FY25. The counter declined 1.74% to end at Rs 998.80 on 8 May 2025.Powered by Capital Market - Live

Brigade Group has acquired a strategically located 11-acre land parcel opposite ITPL in Whitefield, Bengaluru. This move underscores the company's continued focus on strengthening its commercial real estate presence in one of the city's most dynamic business and technology corridors. The land will be developed into a premium commercial project with a gross leasable area of approximately 1.5 million square feet and a GDV of over Rs 2,000 crore. Powered by Capital Market - Live

Brigade Enterprises will hold a meeting of the Board of Directors of the Company on 14 May 2025.Powered by Capital Market - Live

The said plot spans approximately 20 acres and offers a total development potential of 0.45 million square feet. Commenting on the development, Pavitra Shankar, managing director, Brigade Enterprises, said: 'We continue to identify high-potential land parcels that align with our long-term vision of creating well-planned communities with a focus on quality, sustainability, and innovation. Malur, with its strategic location along the Satellite Town Ring Road (STRR) and Chennai Expressway, is emerging as an attractive residential destination, offering seamless connectivity to key hubs in Bengaluru. With improving infrastructure and enhanced accessibility, more homebuyers are exploring well-connected, affordable living options beyond the city's core. Through this development, we aim to introduce a thoughtfully designed residential offering that enhances value for homebuyers while contributing to the region's growth.' Brigade Enterprises is one of India's leading property developers. It has developed many landmark buildings and transformed skylines across India in the cities of Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City with developments across Residential, Office, Retail, Hospitality and Education Sectors.. The company's consolidated net profit surged 221.5% to Rs 236.24 crore in Q3 FY25 as compared with Rs 73.49 crore in Q3 FY24. Net sales jumped 24.7% YoY to Rs 1,463.94 crore in Q3 FY25. The counter added 2.13% to end at Rs 1006.55 on Monday, 21 April 2025.Powered by Capital Market - Live