Brigade Enterprises share price today: Brigade Enterprises started the day on a positive note on August 25, with shares rising nearly 2% following the launch of a new residential project in Bengaluru. At 12:48 pm, the stock was trading at Rs 971.30 on the BSE, up by 0.92 per cent.
The company unveiled Brigade Lakecrest, a premium housing development spanning around 9.33 lakh square feet. Built under a joint development model, the project will offer 604 thoughtfully designed 1, 2, and 3 BHK homes. It’s already RERA approved and is expected to be ready by March 2030. The project carries a revenue potential of over Rs 950 crore.
In other news, Brigade Enterprises’ CFO, Jayant B Manmadkar, has stepped down for personal reasons. The company’s board has named Executive Director Pradyumna Krishna Kumar as the interim CFO, effective October 10, 2025.
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Brigade is also expanding its footprint in Chennai, having signed a long-term lease for a 7-acre site on Old Mahabalipuram Road (OMR). The plan is to develop this into a major mixed-use destination featuring over 1 million square feet of Grade A office space alongside a 5-star deluxe hotel with around 225 rooms.
On the financial front, Brigade posted strong first-quarter results for the current fiscal year. Consolidated revenue rose 20% to Rs 1,333 crore compared to Rs 1,113 crore in the same period last year. Profit after tax nearly doubled, reaching Rs 158 crore from Rs 81 crore a year ago. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) also climbed 40%, standing at Rs 375 crore.
