Brigade Enterprises' Q4 revenue doubles

29 May 2024 , 09:32 AM

Brigade Enterprises released its fourth-quarter results on Tuesday. Brigade Enterprises, the Indian Real estate developer has achieved a revenue reaching ₹1,763 Crore. This is approximately 102% more compared to Q4 FY23.

At the time of writing, shares of Brigade Enterprises were trading at ₹1227 which is a 3.90% dip than the previous close. The stock has gained 124% in the last one year, and 37.13% since the beginning of the year.

Brigade Group reported a profit before tax of ₹211 Crore in Q4 FY24, marking a 234% year-on-year increase. The profit after tax for FY24 was ₹569 Crore, an increase of 105% from the previous financial year.

For FY24, the company’s revenue stood at ₹5,064 Crore, a 42% rise over FY23, with an EBITDA of ₹1,362 Crore.

Total customer collections for FY24 amounted to ₹5,915 Crore, up 9% from the previous year. Net cash flow from operations for FY24 was ₹1,575 Crore.

In Q4 FY24, revenue from the residential segment increased to ₹1,390 Crore, up 143% from Q4 FY23.

The commercial segment generated ₹247 Crore in Q4 FY24, a 32% increase over Q4 FY23. The hospitality segment recorded revenue of ₹126 Crore in Q4 FY24, slightly up from ₹112 Crore in Q4 FY23. EBITDA for Q4 FY24 stood at ₹493 Crore, a 113% increase from ₹231 Crore in Q4 FY23.

For feedback and suggestions, write to us at [e-mail] 

For opening a demat account click on: https://www.indiainfoline.com/

For doing stock trading & investments, go to: https://ttweb.indiainfoline.com/trade/Login.aspx

For loans, go to: https://www.iifl.com/