Brigade Enterprises Prioritizes South India Markets, No Immediate NCR Expansion

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CNBC TV18•02-02-2026, 14:58
Brigade Enterprises Prioritizes South India Markets, No Immediate NCR Expansion
- •Brigade Enterprises will continue to focus on key South India markets like Bengaluru, Chennai, and Hyderabad for growth.
- •The company has no immediate plans to expand into the NCR market, preferring to concentrate on its existing strong regions.
- •Net profit for Oct-Dec 2025 quarter declined 21% YoY to ₹186.5 crore, despite increased revenue, due to margin contraction.
- •Brigade Enterprises attributes booking and volume slowdown to delayed project launches, not a sector-specific issue.
- •Demand is shifting towards premium housing with stabilized absorption, and price hikes of 5-10% have been well absorbed.
Why It Matters: Brigade Enterprises remains committed to South Indian markets, citing strong demand and no immediate NCR expansion plans.
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