The company reported consolidated revenue of ₹142 crore and profit after tax of ₹22 crore for the quarter, with EBITDA rising 26% year-on-year and RevPAR increasing across its portfolio.
BENGALURU, 26 October 2026: Brigade Hotel Ventures Ltd. (BHVL) reported consolidated total revenue of ₹142 crore in the second quarter of FY27, registering 10% growth over the corresponding period last year. Consolidated profit after tax (PAT) more than doubled to ₹22 crore from ₹11 crore in Q2 FY26, representing an increase of 105%.
Consolidated revenue from operations stood at ₹138 crore, compared with ₹126 crore in Q2 FY26. EBITDA increased 26% year-on-year to ₹52 crore, reflecting improved operating performance during the quarter.
Food and beverage (F&B) revenue reached ₹46 crore in Q2 FY27, up 10% from ₹42 crore in the corresponding quarter last year.
ARR and RevPAR Record Year-on-Year Growth
The company reported an 11% year-on-year increase in average room rate (ARR), from ₹7,106 in Q2 FY26 to ₹7,876 in Q2 FY27. Revenue per available room (RevPAR) rose 10%, from ₹5,374 to ₹5,922, while occupancy reached 75.2%.
Bengaluru also recorded growth in key hotel performance indicators. ARR increased 8% year-on-year, from ₹8,738 to ₹9,422, while RevPAR rose 12%, from ₹6,807 to ₹7,611.
The figures indicate continued growth in room revenue performance, supported by occupancy levels and higher average room rates across the company’s portfolio.
H1 FY27 Revenue Increases 7%, PAT Rises 122%
For the first half of FY27, Brigade Hotel Ventures reported consolidated total revenue of ₹273 crore, a 7% increase over H1 FY26. Consolidated PAT rose 122% to ₹39 crore, compared with ₹18 crore in the corresponding period last year.
Consolidated revenue from operations stood at ₹265 crore, compared with ₹250 crore in H1 FY26. EBITDA increased 18% year-on-year to ₹98 crore.
F&B revenue for H1 FY27 stood at ₹88 crore, compared with ₹89 crore in H1 FY26. ARR increased 9% year-on-year to ₹7,559, while occupancy reached 75.4%. RevPAR rose to ₹5,702 from ₹5,209 in H1 FY26.
The company attributed its performance during the period to the quality of its hotel assets, strong brand positioning and consistent execution across markets.
MICE Demand Supports Quarterly Performance
Commenting on the financial results, Nirupa Shankar, Managing Director of 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.”
Expansion Plans and Outlook for FY27
Brigade Hotel Ventures expects festive celebrations, weddings and meetings, incentives, conferences and exhibitions (MICE) to support demand in the third quarter of FY27. The company cited October trends and enquiries as indicators of a strong Q3 outlook.
Its near-term plans include the launch of Courtyard by Marriott Chennai World Trade Centre, alongside the evaluation of potential acquisition opportunities.
With a development pipeline that includes a growing share of luxury and upper-upscale hotels, the company remains focused on doubling its portfolio by FY30 while improving average room rates.
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