Brigade Enterprises Sees Nearly Threefold Profit Surge in Q4

29 May 2024 CW Team

Realty firm Brigade Enterprises Ltd reported a nearly three-fold increase in its consolidated net profit for the March quarter, reaching Rs 2.06 billion. This significant growth was attributed to a substantial rise in income, up from a net profit of Rs 692.5 million in the same period last year.

The company's total income surged to Rs 17.62 billion in the fourth quarter of the last fiscal, compared to Rs 8.72 billion in the corresponding quarter of the previous year.

For the entire 2023-24 fiscal year, Brigade Enterprises achieved a net profit of Rs 4.51 billion, up from Rs 2.91 billion the previous year. Additionally, the total income for the fiscal year increased to Rs 50.64 billion, compared to Rs 35.63 billion in the 2022-23 fiscal year.

The impressive financial performance highlights Brigade Enterprises' strong growth trajectory, driven by increased revenue and strategic initiatives in the real estate sector.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..