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Brigade Hotel Ventures Margin Trend — Quarter by Quarter

Brigade Hotel Ventures's EBITDA margin moved from 30.0% in Q2 FY26 to 36.0% in Q4 FY26 across 3 quarters. Management commentary below explains the cost and pricing drivers mentioned on calls.

EBITDA Margin by Quarter

QuarterEBITDA Margin (%)YoY Change
Q4 FY2636.0%+180 bps
Q3 FY2634.0%
Q2 FY2630.0%