Chalet Hotels' profit increased by 40% to 216 crore rupees, while revenue decreased by 32%

Aditya Birla Capital reported a significant increase in consolidated net profit of 38% year-on-year, reaching 1,288 crore rupees for the quarter from July to September of the fiscal year 2026-27 (Q2FY27). This growth is attributed to the active development of the lending business, with higher revenues demonstrated by both the non-banking financial institution (NBFC) division and the housing finance division.

For the reporting quarter, the revenue of the financial company's consolidated segment increased by 31% year-on-year, amounting to 16,545 crore rupees. Specifically, the lending business, excluding housing finance, recorded a profit growth of 41% to 1,008 crore rupees, while Aditya Birla Housing Finance showed an increase of 73% to 335 crore rupees.

The Assets Under Management (AUM) of the NBFC grew by 26.5% year-on-year, reaching 1.77 trillion rupees as of the end of September. Meanwhile, net interest income, including commission receipts, increased by 24.7%, totaling 2,488 crore rupees.

Growth was observed across all segments of the loan portfolio. Business loans increased by 30% year-on-year to 1.01 trillion rupees, while consumer and personal loans grew by 37% to 24,955 crore rupees. Corporate and medium-term loans increased by 15% to 50,483 crore rupees.

The total volume of loans disbursed by the NBFC in Q2FY27 rose by 12% year-on-year to 24,708 crore rupees. Disbursement in the secured business loan segment increased by 22% to 9,737 crore rupees, and disbursement of personal and consumer loans grew by 18% to 5,877 crore rupees.

Furthermore, the NBFC improved its metrics for Stage 2 and Stage 3 assets, which stood at 2.31% (an improvement of 72 basis points year-on-year and 12 basis points sequentially). Return on assets was 2.45%.

Aditya Birla Housing Finance also demonstrated strong growth: profit increased by 73% year-on-year to 335 crore rupees. Its AUM grew by 50% to 57,373 crore rupees, and return on assets was 2.12%. Metrics for Stage 2 and Stage 3 assets improved by 45 basis points year-on-year, reaching 0.65%.

Among other areas, life insurance increased profit by 27% to 85 crore rupees. The company's presentation contains discrepancies regarding the individual first-year premium: the detailed table indicates 1,729 crore rupees for Q2FY27 versus 1,173 crore rupees the previous year, whereas the summary report states the first half-year premium at 2,342 crore rupees, which is 25% higher compared to last year. These figures require verification with the company before publication. For the first half of the year, the total gross premium reached 12,656 crore rupees compared to 8,941 crore rupees in the same period last year.

In asset management business, profit after tax was 221 crore rupees in Q2FY27, a decrease of 8% year-on-year. Average assets under management in the country grew by 4% quarter-on-quarter year-on-year, and average equity market assets under management grew by 9%.

Profit from medical insurance fell by 74% year-on-year, amounting to 27 crore rupees compared to 105 crore rupees in the quarter a year ago. For the first half of FY27, the business reported a gross insurance premium of 4,543 crore rupees, which is 48% higher year-on-year. The combined operating ratio for the first half of FY27 was 106.5%, compared to 103.1% the previous year.

The company's consolidated profit after tax for the first half of FY27 reached 2,462 crore rupees, exceeding 1,772 crore rupees for the corresponding period last year.

Brigade Enterprises Ltd, based in Bangalore, reported a rise in net profit of 28.8% to 219 crore rupees in the second quarter of fiscal year 27 (Q2FY27) compared to the same period last year. This growth is attributed to stable demand that aligns with the launch of new projects.

However, the company's revenue, which focuses on South India, declined by 12.6% year-on-year (Y-o-Y), reaching 1,250 crore rupees compared to 1,430 crore rupees in the corresponding quarter of the previous year. This was reported in the stock exchange filing published on Thursday with results for the September quarter.

Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) increased by 27.5% in Q2FY27, reaching 478 crore rupees, compared to 375 crore rupees in the corresponding quarter of the previous fiscal year.

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Pavitra Shankar, Managing Director of Brigade Enterprises Ltd, noted that residential segments continue to drive growth, supported by sustained demand and a strong project portfolio. She emphasized that customers are increasingly prioritizing quality, location, larger homes, and improved amenities, and the company continues to observe steady demand in both mid-range and premium segments. Furthermore, the festive season boosted customer engagement in the residential and retail businesses.

The group stated that project launch rates are gaining momentum, with property sales for the quarter reaching 1,827 crore rupees across a volume of 1.3 million square feet (msf). Shankar added that the company is prepared to sustain this momentum and ensure stable long-term growth. Brigade Enterprises shares fell by 1.39% and closed at 531 rupees on the BSE on Thursday.

During the quarter, the company launched projects totaling 2.4 msf with a Gross Development Value (GDV) of approximately 3,000 crore rupees. Brigade's portfolio generated revenue of 760 crore rupees, with an Ebitda of 175 crore rupees, which is 59% higher than in Q2FY26, at a margin of 23%.

Revenue from the rental business amounted to 329 crore rupees, with an Ebitda of 242 crore rupees, which is 9% higher than in Q2FY26, with a margin of 74%. As of September 2026, occupancy reached 90%. In the hospitality segment, which includes hotels the company builds for brand management, revenue in Q2FY27 was 161 crore rupees, and Ebitda was 59 crore rupees, which is 41% higher than in Q2FY26, with a margin of 37%.

ITC Hotels Limited reported significant growth in its performance for the second quarter of the fiscal year 2027 (Q2FY27). The company's consolidated net profit increased by 52% year-on-year, reaching 203 crore rupees, compared to 133 crore rupees the previous year. Meanwhile, operating revenue grew by 26%, amounting to 1,054 crore rupees versus 839 crore rupees in the previous year.

Total income in Q2FY27 reached 1,106 crore rupees, which is 25% more than 885 crore rupees in Q2FY26. The Board of Directors of ITC Hotels approved the establishment of a wholly-owned subsidiary in Dubai, United Arab Emirates, pending necessary regulatory approvals.

The proposed structure will engage in hotel business, restaurants, and other related activities. According to a separate regulatory filing, the necessary permits for establishing this structure will be obtained from the relevant authorities in Dubai. After registration, the company plans to acquire 100% of the equity capital of the proposed structure with a nominal value not exceeding 20 crore rupees, which will be introduced in tranches.

Furthermore, the EBITDA metric showed a year-on-year increase of 37%, rising to 337 crore rupees from 246 crore rupees. The EBITDA margin improved to 32%, up from 29% in the same period last year. Revenue Per Available Room (RevPAR) for the July-September quarter grew by 21% compared to last year, driven by increases in occupancy and Average Room Rate (ARR).

Currently, the company manages 243 hotels with 23,266 rooms, including 156 operational and 87 under development. By 2031, the company intends to increase the number of operational hotels to 250 with over 22,000 active rooms. The launch of the Kumarakom resort is also planned for December of this year, and Welcomhotel Ahmedabad is expected to be renovated within the next six months.