Realty company Brigade Enterprises announced Q2FY24 results: Consolidated Q2FY24: Total income stood at Rs 1,408 crore while EBITDA was Rs 366 crore Profit After Tax after Minority Interest stood at Rs134 crore. Total collections for the Q2FY24 stood at Rs 1,439 crore. New launches of 13 mn sft have been planned for the next 4 quarters of which 11 mn sft is in the residential sector Real Estate: In Q2FY24, the Real estate segment witnessed a steady increase in pricing realization and continued its consistent performance with strong absorption trends across Bengaluru and Chennai. During Q2FY24, revenue stood at Rs 1,063 crore with an EBITDA of Rs 155 crore with new sales of 1.67 mn sft valued at Rs 1,249 crore. This is a 14% increase in terms of area 25% increase in value over Q2FY23. Collections stood at Rs 1,029 crore. Leasing: In Q2FY24, achieved an incremental leasing of 3 lakh sft recording a 5x QoQ growth. Total leasing stands at 89% of the available inventory and recorded an 8% QoQ increase in leasing revenue, from Rs 213 crore in Q1FY24 to Rs 231 crore in Q2FY24. Hospitality: In Q2FY24, the Hospitality business continued its growth trajectory with revenue increasing by 12% over Q1FY24. ARR is stable and occupancy rose by 7% in comparison to Q1FY24. Revenue stood at Rs 114 crore with an EBITDA of Rs 40 crore. "All business verticals contributed significantly to the growth of the company in Q2FY24. The residential segment continues to outperform with strong absorption across our key markets, heightened end-user interest, stable registration processes, steady home loan rates and excellent response to new launches. With a robust pipeline of launches in Bengaluru, Chennai and Hyderabad we are confident that we will sustain the momentum going forward." said Pavitra Shankar, Managing Director, Brigade Enterprises Result PDF