Slower sales cycle in Chennai
Chennai market requires physical sales offices, leading to slower uptake; Morgan Heights traction expected only after September.
BRIGADE / Q1-FY26 / risks
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Brigade Enterprises · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Potential launch slippages
Brigade Innovation Gardens may slip to Q1 FY27; overall launch timing depends on approvals.
Rising marketing and employee costs
Sales & marketing expenses doubled YoY to ₹86 crore; employee costs rose to ₹186 crore, raising margin concerns.
Bangalore IT sector slowdown
Media reports of IT job losses could impact residential demand, though management sees no on-ground impact yet.