Brigade Hotel Ventures Ltd delivered exceptional financial results for Q2 FY27, with consolidated net profit doubling to ₹22 crore compared to ₹11 crore in the corresponding quarter last year. According to reports from Business Standard, consolidated total revenue stood at ₹142 crore in Q2 FY27, up 10% from the same quarter last year, while consolidated revenue from operations stood at ₹138 crore, compared with ₹126 crore in Q2 FY26. The company's EBITDA increased 26% to ₹52 crore from the previous year, with the EBITDA margin expanding to 34.85% from 29.61% in the year-ago quarter. For the first half of FY27, the company reported consolidated total revenue of ₹273 crore, up 7% from H1 FY26, demonstrating consistent growth momentum across quarters.
The strong performance was driven by improved operational metrics across key segments. Average room revenue (ARR) increased 11% YoY to ₹7,876 from ₹7,106, while revenue per available room (RevPAR) rose 10% to ₹5,922 from ₹5,374. As reported by Business Standard, occupancy stood at 75.2% during the quarter. In Bengaluru specifically, ARR grew 8% YoY to ₹9,422 from ₹8,738, with RevPAR increasing 12% to ₹7,611 from ₹6,807 in Q2 FY26. The company's food and beverage (F&B) revenue stood at ₹46 crore in Q2 FY27, compared with ₹42 crore in Q2 FY26, registering a growth of 10% and contributing significantly to the overall revenue growth.
Brigade Hotel Ventures currently operates nine hotels across Bengaluru, Chennai, Kochi, Mysuru and GIFT City with 1,602 keys. According to Business Standard, the company remains on track to double its portfolio by FY30 with a meaningful uplift in ARR along the way. The expansion strategy focuses on growing share of luxury and upper-upscale hotels to enhance revenue per key and overall portfolio value. The company is on track to launch Courtyard by Marriott Chennai World Trade Centre and is actively evaluating acquisition opportunities to accelerate its growth trajectory.
Nirupa Shankar, Managing Director, expressed satisfaction with the Q2 FY27 performance despite West Asia crisis uncertainties. According to Business Standard, she highlighted that October trends and enquiries point to a strong Q3, supported by festive, wedding and MICE demand. The company enters H2 with confidence and remains focused on its expansion targets. Shares of Brigade Hotel Ventures Ltd ended at ₹51.00, down by ₹0.070, or 0.14%, on the BSE following the results announcement, reflecting the market's positive response to the strong quarterly performance.
