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**Financial Highlights:** Brigade Enterprises demonstrated robust performance in Q3 FY25, achieving pre-sales volume of 2.19 million sq. ft., marking a 30% increase over Q2 FY25, with a sales value of ₹2,492.2 crore, up 37% from the previous quarter. Average price realization rose by 5% to ₹11,364 per sq. ft. The office leasing portfolio recorded a 98% occupancy rate, accompanied by a strong rental collection of 99%.
**Strategic Initiatives and Growth Drivers:** The company continues to expand with ongoing projects totaling 22 million sq. ft., and plans for upcoming launches of approximately 11.87 million sq. ft. in the next four quarters.
**Business Developments:** Brigade has been recognized for its excellence in sustainability with multiple awards this quarter, underscoring its commitment to innovation and quality.
**Market Position and Competitive Advantage:** With a market cap of approximately USD 3.6 billion and a consistent EBITDA margin of around 26%-28%, Brigade ranks among the top 10 listed developers in India, enhancing its competitive edge.
**Investor Implications:** The strong sales growth and strategic expansions position Brigade for potential growth in the upcoming quarters, suggesting a positive outlook for investors.