Brigade revenue rises 43% to Rs 921 cr in Q3, net profit at Rs 78 cr

The company has reported sales of 1.1 million square feet valued at Rs 684 crore during Q3 of FY22

Realty company Brigade Enterprises saw its revenue from operations rise 43 per cent to Rs 921 crore in the December quarter (Q3) compared to Rs 645 crore in the year-ago period. It also registered a net profit of Rs 78 crore in Q3 of FY22 whereas it had recorded a loss of Rs 16 crore in the corresponding period of FY21.

On a sequential basis, the company’s revenue has grown 22 per cent compared to Rs 753 crore in the September quarter (Q2) while net profit has grown 550 per cent compared to Rs 12 crore in the preceding quarter.

The company