New Delhi, May 6 (PTI) Realty firm Brigade Enterprises Ltd on Wednesday reported a 24 per cent decline in consolidated net profit to Rs 190.70 crore during the March quarter and announced bonus shares to shareholders in ratio of 1:3.
Its net profit stood at Rs 249.35 crore in the year-ago period.
Total income also fell to Rs 1,523.11 crore during the fourth quarter of the 2025-26 fiscal year from Rs 1,532.29 crore in the corresponding period of the preceding year, according to a regulatory filing.
During 2025-26, the net profit increased to Rs 724.76 crore from Rs 680.47 crore in the preceding year.
Total income increased to Rs 5,909.01 crore last fiscal year from Rs 5,313.54 crore in the 2024-25 fiscal year.
The board of directors recommended a final dividend of Rs 2 per equity share (20%) of Rs 10 each for 2025-26.
The board recommended a bonus issue of 1:3, i.e. one bonus equity share of Rs 10 each, fully paid-up for every three equity shares held by shareholders as on record date subject to the approval of the members of the company.
Pavitra Shankar, Managing Director, Brigade Enterprises Ltd, said, "The Q4 of FY26 reflected the sales momentum we had been building towards. We recorded our strongest quarter of FY26, with pre-sales of Rs 2,521 crore, a 44 per cent sequential increase, driven by strong new launch absorption and disciplined pricing. Average realisations improved 9 per cent year-on-year, underscoring market confidence in Brigade's product quality."
Overall, she said the company enters FY27 with a strong pipeline, balanced portfolio and clear execution focus.