Market positive as residential, hospitality sectors on a high: Brigade MD

Shankar highlights the factors behind the company's revenue growth, the best-performing segments, and the status of their project pipeline

Real estate developer Brigade Enterprises is seeing strong momentum in the residential and hospitality segments and is moving its product offerings from the mid-segment to the upper-mid-segment. The company’s total revenue for Q4 stood at Rs 1,763 crore, up 102 per cent, on the back of strong demand. Pavitra Shankar, managing director (MD), highlights the factors behind the company’s revenue growth and the best-performing segments, in an interview with Aneeka Chatterjee in Bengaluru. Edited excerpts:

What factors contributed to your revenue growth in the last quarter?

All business segments have been good, especially hospitality as the cycle has returned. We