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Brigade Enterprises Shares Tumble Over 6% After Q1 Profit, Revenue Miss Estimates

by Index Investing News
August 9, 2023
in Financial
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Shares of Brigade Enterprises Ltd. fell on Wednesday after its first-quarter profit and revenue missed analysts’ estimates.The real estate and property development company’s net profit declined 56.1% year-on-year to Rs 38.5 crore in the quarter ended June, according to an exchange filing. That compares with Bloomberg’s estimate of Rs 70.3 crore.Brigade Enterprises Q1 FY24 (Consolidated, Year-on-Year)Revenue down 27.5% at Rs 653.9 cro…





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