BUSINESSCNBC-TV18 Markets · 2 hours agoLive
Brigade Hotel Ventures Q2 Results: Net profit doubles as ARR rises 11% and RevPAR up 10%
Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
The results indicate strong financial health for Brigade Hotel, with net profit doubling and operating margins expanding significantly in the second quarter of fiscal year 2027.
WHAT HAPPENED
Brigade Hotel reported a doubling of Q2 FY27 net profit to ₹22 crore, while revenue from operations rose 10% to ₹138.2 crore. EBITDA increased 29.4% to ₹48.17 crore, and the margin expanded to 34.85% from 29.61%. For H1 FY27, net profit rose 122% to ₹39 crore, while consolidated total revenue grew 7% to ₹273 crore.
WHAT TO WATCH
- •Quarterly updates on RevPAR and ARR trends to assess sustained pricing strength
- •Future capital expenditure plans that may impact future margin expansion
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