Bengaluru : Brigade Hotel Ventures Ltd. (BHVL), reported a consolidated total revenue of ₹142 Crores in Q2 FY27, a growth of 10% over Q2 FY26. Consolidated PAT stood at ₹22 Crores in Q2 FY27 compared to ₹11 Crores, a growth of 105% over the previous comparable period. Consolidated revenue from operations stood at ₹138 Crores, compared to ₹126 Crores in Q2 FY26. EBITDA stood at ₹52 Crores, a growth of 26% over Q2 FY26.
F&B revenue stood at ₹46 Crores in Q2 FY27 compared to ₹42 Crores in Q2 FY26, a growth of 10%. Average Room Revenue (ARR) for the quarter grew 11% YoY from ₹7,106 to ₹7,876, while RevPAR rose 10% YoY from ₹5,374 to ₹5,922, with occupancy touching 75.2%. Bengaluru market witnessed ARR growth of 8% YoY from ₹8,738 to ₹9,422 and RevPAR increasing from ₹6,807 to ₹7,611, registering a growth of 12% over Q2 FY26.
H1 FY27
The Company reported a consolidated total revenue of ₹273 Crores in H1 FY27, a growth of 7% over H1 FY26. Consolidated PAT stood at ₹39 Crores in H1 FY27 compared to ₹18 Crores in H1 FY26, a growth of 122%. Consolidated revenue from operations stood at ₹265 Crores, compared to ₹250 Crores in H1 FY26. EBITDA stood at ₹98 Crores, a growth of 18% over H1 FY26.
F&B revenue stood at ₹88 Crores in H1 FY27 compared to ₹89 Crores in H1 FY26. For H1 FY27, ARR increased 9% YoY to ₹7,559 with occupancy at 75.4%, leading to a RevPAR of ₹5,702, up from ₹5,209 in H1 FY26. Performance during the period was supported by the quality of the company’s assets, strong brand positioning, and consistent execution across markets.
Commenting on the financial performance, Nirupa Shankar, Managing Director, Brigade Hotel Ventures Ltd. said, “We are pleased with our Q2 FY27 performance despite West Asia crisis uncertainties. We delivered a double digit growth in revenue and a greater than 100% increase in PAT. RevPAR. EBIDTA saw a 26% increase over the same quarter last year.
After a muted Q1, MICE activity picked up meaningfully, with a large electronics conference in Bengaluru lifting both rooms and F&B.
We enter H2 with confidence. October trends and enquiries point to a strong Q3, supported by festive, wedding and MICE demand. We are on track to launch Courtyard by Marriott Chennai World Trade Centre and are actively evaluating acquisition opportunities.
With a strong development pipeline and a growing share of luxury and upper-upscale hotels, we remain on track to double our portfolio by FY30, with a meaningful uplift in ARR along the way.”
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