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.
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.
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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.
