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Brigade enterprises reports 31% rise in Q2 net profit

30 Oct 2013 Evaluate

Brigade enterprises has reported results for the second quarter ended September 30, 2013.

The company has reported 31.35% rise in its net profit at Rs 19.02 crore for the quarter as compared to Rs 14.48 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 7.05% at Rs 171.56 crore for quarter under review as compared to Rs 184.58 crore for the quarter ended September 30, 2012.

Brigade Enterprises is a flagship company of Brigade Group, which is one of South India's leading property developers. The company has completed 67 residential, commercial, retail and hospitality projects, covering over 6.74 million square feet of developable area.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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