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Brigade Enterprises Q2 profit jumps 72% on strong housing demand

Revenue from real estate, its largest unit, rose 70% to Rs 1,034 crore

Q2

Illustration: Ajay Mohanty

Reuters BENGALURU

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Indian real estate firm Brigade Enterprises reported a 72% rise in second-quarter profit on Wednesday, helped by strong demand for housing projects.

The property developer's consolidated net profit rose to 1.34 billion Indian rupees ($16.1 million) from 775.8 million rupees a year earlier.

Revenue from real estate, its largest unit, rose 70% to Rs 1,034 crore.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 08 2023 | 8:05 PM IST

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