Brigade Enterprises announced that the Board of Directors of the Company at its meeting held on 28 May 2024, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Brigade Enterprises rose 197.60% to Rs 206.09 crore in the quarter ended March 2024 as against Rs 69.25 crore during the previous quarter ended March 2023. Sales rose 102.04% to Rs 1702.37 crore in the quarter ended March 2024 as against Rs 842.57 crore during the previous quarter ended March 2023.For the full year,net profit rose 54.97% to Rs 451.61 crore in the year ended March 2024 as against Rs 291.41 crore during the previous year ended March 2023. Sales rose 42.16% to Rs 4896.69 crore in the year ended March 2024 as against Rs 3444.61 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1702.37842.57 102 4896.693444.61 42 OPM %25.4223.97 -24.3924.94 - PBDT355.00131.52 170 870.77547.56 59 PBT278.8348.14 479 568.68232.98 144 NP206.0969.25 198 451.61291.41 55 Powered by Capital Market - Live News

Brigade Enterprises has allotted 36,054 equity shares under ESOP on 28 May 2024. The paid-up share capital of the Company has increased from Rs. 2,31,09,97,470/- to Rs. 2,31,13,58,010/- due to the aforesaid allotment. Powered by Capital Market - Live News

Brigade Group has signed a Joint Development Agreement (JDA) to develop a residential project spread across 6.9 acres with a total development potential of around 0.8 Mn Sqft and Gross Development Value of Rs. 720 crore.The land is lake facing and located in the prime neighbourhood of Old Madras Road. The main USP of the project is its proximity to micro-markets like Indiranagar and Whitefield, in addition to good connectivity to other important parts of the city. The project will be in line with Brigade`s innovative design, commitment to sustainability and amenities that for a contemporary living experience. Powered by Capital Market - Live News

Brigade Enterprises will hold a meeting of the Board of Directors of the Company on 28 May 2024Powered by Capital Market - Live News