Shares of Brigade Hotel Ventures Ltd slipped 0.14% to ₹51.00 on the BSE, ending the session muted after the company released its Q2 FY27 results.
In the quarter, consolidated net profit after tax surged to ₹22 crore, exactly double the ₹11 crore recorded in Q2 FY26, as the company reported a 100% year‑on‑year jump.
Operating revenue rose 10% YoY to ₹138.2 crore from ₹126 crore, with EBITDA climbing 29.4% to ₹48.17 crore and the EBITDA margin widening to 34.85% versus 29.61% a year earlier.
Food & Beverage revenue grew 10% to ₹46 crore, while average room revenue increased 11% to ₹7,876 and RevPAR climbed 10% to ₹5,922; Bengaluru’s ARR rose 8% to ₹9,422.
Managing Director Nirupa Shankar said the company is confident heading into H2, citing strong October trends and MICE activity, and reiterated plans to launch Courtyard by Marriott at Chennai World Trade Centre.
Looking ahead, Brigade expects Q3 to benefit from festive, wedding and MICE demand, and aims to double its portfolio by FY30, targeting a meaningful uplift in ARR.