Brigade Group Q1 sales up 70% to Rs 814 cr
New Delhi: Realty company Brigade Group’s sales reservations increased 70 percent yearly to Rs 813.9 crore in the very first quarter of this monetary on much better real estate need.
The sales reservations of the Bengaluru- based designer stood at Rs 480 crore in the year- ago duration.
“Achieved net sale value of Rs 8,139 million during Q1 FY23, an increase of 70 per cent from the first quarter of FY22,” according to a capitalists discussion. The business marketed real estate residential properties worth Rs 742.8 crore in the April-June duration of this monetary year as versus Rs 468.8 crore in the matching duration of the previousyear
The business marketed business residential properties worth Rs 71.1 crore in the very first quarter of this monetary year from Rs 11.2 crore previousyear The sales realisation boosted to Rs 6,589 per square feet as compared to Rs 6,275 per sft.
Recently, Brigade Enterprises Ltd reported a combined internet earnings of Rs 87.68 crore for the quarter finished June on much better sales. It uploaded a bottom line of Rs 40.09 crore lastyear Total revenue leapt greater than two-fold to Rs 920.28 crore in the very first quarter of FY23 as contrasted to Rs 391.52 crore in the matching duration of the previous year.
