Brigade Hotel shares rose 8 per cent after it reported a 57.97 per cent jump in its September quarter net profit
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Nine hotels to be added by FY30 with Rs 3,600 crore investment, doubling its portfolio
At 12 PM, Brigade Hotel Ventures traded 0.14 per cent higher at ₹83.7 per share. In comparison, BSE Sensex was up 0.47 per cent at 81,932.27
In the past week, the BSE IPO index gained 3.5 per cent, as against a 0.83 per cent rise in the benchmark Sensex index
Hotels to come up under The Ritz-Carlton, Fairfield by Marriott, JW Marriott and Courtyard by Marriott brands
Brigade Hotel Ventures Ltd has posted a consolidated net profit of Rs 7.16 crore in the first quarter of this fiscal. The company, which recently got listed on the stock exchanges after the successful Rs 760 crore IPO ( Initial Public Offering), had posted a net loss of Rs 5.78 crore in the year-ago period. Total income rose to Rs 125.03 crore in the April-June period of 2025-26 fiscal from Rs 102.20 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. Brigade Hotel Ventures Ltd, a subsidiary of realty firm Brigade Enterprise, has a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. Commenting on the results, Nirupa Shankar, Managing Director, Brigade Hotel Ventures, said, "Our Q1 performance reflects the strength of our diversified portfolio and our ability to navigate market challenges while capturing new ...
Shares of HDB Financial, Brigade Hotel and Kalpataru were trading at their lowest point since the listings in July.