Brigade Group Q2 FY26 Results: Strong Sales, Leasing Growth Signal Bigger Plans Ahead

Brigade Group has closed the second quarter of FY26 on a strong note, with growth across its residential, leasing, and hospitality businesses giving homebuyers and investors fresh reasons to watch the Bengaluru-headquartered developer closely. For the quarter ended September 30, 2025, Brigade Group posted a strong financial performance for the second quarter of FY26, reporting a 26 per cent rise in consolidated revenue to Rs 1,430 crore, compared with Rs 1,138 crore in the same period last year, while profit after tax rose 48 per cent year-on-year to Rs 170 crore, backed by steady growth across real estate, leasing, and hospitality segments.

On the residential side, the company continued to see healthy buyer demand. The company achieved pre-sales of Rs 2,034 crore during the quarter, with net bookings of 1.9 million square feet, while collections stood at Rs 2,003 crore, signalling robust demand across its key markets. Compared to the same period last year, this represents a meaningful jump — presales volume for Q2 FY26 stood at 1.90 million square feet, a growth of 13 per cent over Q2 of FY25.

The real estate segment itself was the biggest driver of overall growth. Revenue from the real estate business rose 31 per cent to Rs 951 crore, up from Rs 727 crore in Q2 FY25. This kind of growth in actual home sales — as opposed to just topline revenue — is usually a good signal for buyers, since it reflects genuine transaction volumes rather than one-off accounting gains.

Leasing, Brigade's commercial office and retail arm, also had a strong quarter. Revenue from leasing grew 17 per cent year-on-year to Rs 341 crore, while EBITDA stood at Rs 223 crore. Occupancy across the leasing portfolio also remained healthy, with portfolio occupancy at 92%, encompassing a total leasing of 8.67 million square feet out of 9.38 million square feet. The hospitality vertical, which includes Brigade's hotels business, added to the momentum too — in the hospitality business, revenue rose 16 per cent to Rs 138 crore, with Ebitda at Rs 42 crore, growth driven by strong occupancy and improved realisations.

Commenting on the results, Pavitra Shankar, Managing Director of Brigade Enterprises, struck an optimistic note about the months ahead. "We are entering the second half of the fiscal year with strong tailwinds. We have a robust business development and launch pipeline across our key markets, as well as healthy leasing activity and growth in the hospitality business," she said. That launch pipeline is significant for prospective homebuyers tracking Brigade's upcoming inventory — Brigade Enterprises plans to launch approximately 11 million sq ft of projects across Bengaluru, Chennai, Hyderabad, and Mysuru in the next four quarters.

The quarter also saw a governance update at the board level. The company also announced the induction of Debashis Chatterjee as an Independent Director for a five-year term, subject to shareholder approval — Chatterjee, former CEO and MD of LTIMindtree, brings over three decades of experience in steering large-scale transformations and digital strategy initiatives across global enterprises.

For homebuyers, what does this all mean in practical terms? A developer reporting rising collections and pre-sales alongside an expanding launch pipeline is generally in a stronger position to fund construction on time, maintain project quality, and bring new inventory to market at a steady pace. With Brigade signalling continued expansion across Bengaluru, Chennai, Hyderabad, and Mysuru, buyers evaluating new launches or ongoing projects from the developer can take some comfort from the underlying financial momentum backing that growth.