Net profit of Brigade Enterprises rose 230.53% to Rs 59.66 crore in the quarter ended March 2019 as against Rs 18.05 crore during the previous quarter ended March 2018. Sales rose 75.31% to Rs 760.04 crore in the quarter ended March 2019 as against Rs 433.54 crore during the previous quarter ended March 2018.

For the full year,net profit rose 72.35% to Rs 239.91 crore in the year ended March 2019 as against Rs 139.20 crore during the previous year ended March 2018. Sales rose 56.69% to Rs 2972.78 crore in the year ended March 2019 as against Rs 1897.20 crore during the previous year ended March 2018.

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The Nomination and Remuneration Committee of Brigade Enterprises in their meeting held on 07 May 2019, approved the issue of 42150 stock options under the Brigade ESOP 2017 at an exercise price of Rs 250/- per stock option.

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Brigade Enterprises announced that the Board of Directors of the Company at its meeting held on 07 May 2019, has recommended a Final dividend of Rs.2 per share (i.e.20%), subject to the approval of the shareholders.

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Brigade Enterprises will hold a meeting of the Board of Directors of the Company on 7 May 2019.

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