Latest News | Brigade Enterprises Q1 Net Profit Falls 56 Pc to Rs 38.53 Crore

New Delhi, Aug 8 (PTI) Realty firm Brigade Enterprises on Tuesday reported a 56 per cent decline in its consolidated net profit at Rs 38.53 crore for the first quarter of this fiscal year.

Its net profit stood at Rs 87.68 crore in the year-ago period.

Also Read | Gaurav Gogoi on Manipur Issue: No-Confidence Motion Not for Numbers But for Justice for Manipur, Says Congress MP.

Total income also fell to Rs 685.43 crore in the April-June period of 2023-24 fiscal from Rs 920.28 crore in the corresponding period of the previous year, according to a regulatory filing.

Bengaluru-based Brigade Enterprises has developed many residential, commercial (office and retail) and hotel projects across South India in the cities of Bengaluru, Mysuru, Hyderabad, Chennai and Kochi.

Also Read | PM Narendra Modi Describes INDIA as 'Ghamandia', Says Opposition Brought No-Confidence Motion To Test Confidence of Their Own Allies.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)