Brigade Group posted a 37 per cent growth in profit after tax (PAT) to ₹217 crore for the first quarter of FY27, even as revenue declined 11.6 per cent year-on-year (YoY) to ₹1,179 crore.Real Estate segment revenue stood at ₹707 crore, while leasing segment revenue stood at ₹328 crore.Premium brand mix, events, brand activations and enhanced customer experience drove an 11 per cent YoY increase in mall footfalls. Retailer sales grew 35 per cent YoY, led by global brands across fashion, lifestyle, dining and family retail. Brigade launched 4 million sq ft of commercial projects in Bengaluru and Hyderabad during the quarter.Hospitality segment revenue stood at ₹144 crore, with portfolio occupancy at 76 per cent and average room rate (ARR) at ₹7,241.Commenting on the results, Pavitra Shankar, Managing Director, Brigade Group, said, “Looking ahead, with nearly 12 million square feet of launches planned and our strategic partnership with Bain Capital for a landmark mixed-use development in Whitefield, we are significantly strengthening our future pipeline in high-growth markets. Our annuity businesses across leasing, retail and hospitality continued to be resilient.”Published on August 13, 2026