Brigade Hotel Ventures sees 58% jump in Q2FY26 profit, plans ₹3,600 cr expansion
The company expects 450 keys to become operational in FY27.
Brigade Hotel Ventures Ltd. (BHVL), the hospitality arm of Brigade Group, has recorded a profit after tax of ₹11 crore in Q2 FY26, compared to ₹7 crore in Q2 FY25 – up by 58 per cent.
The company has planned a total investment of around ₹3,600 crore to add nine new hotels (approximately 1,700 keys), thereby doubling its portfolio to 18 hotels (around 3,300 keys) by FY30. The company expects 450 keys to become operational in FY27.
“Looking ahead, we remain focused on driving RevPAR growth across our existing portfolio while expanding our footprint,” Nirupa Shankar, Managing Director of Brigade Hotel Ventures Ltd.
Revenue from operations for the quarter stood at ₹126 crore, compared to ₹108 crore in Q2 of FY25. Ebitda stood at ₹41 crore – up 9 per cent over Q2FY25.
Revenue from operations for the quarter stood at ₹126 crore, compared to ₹108 crore in Q2FY25. Ebitda stood at ₹41 crore, registering a growth of 9 per cent over Q2FY25. F&B revenue grew 14 per cent to ₹42 crore in Q2 FY26, up from ₹37 crore in Q2 FY25.
Bengaluru continued to lead operational performance, with average room rate (ARR) up 19 per cent year-on-year, from ₹7,316 to ₹8,738, and revenue per available room (RevPAR) increasing from ₹5,959 to ₹6,807. ibis Mysuru, which became operational in Q3 FY25, is also ramping up well, with occupancy at 61.4 per cent.
H1 FY26 performance
The company reported total revenue of ₹255 crore in H1 FY26, a growth of 21 per cent over H1 FY25. PAT stood at ₹18 crore in H1 FY26 compared to ₹1 crore in H1 FY25.
Published on October 24, 2025
