Signature Global Clocks ₹67 Crore Profit In Q2 vs Loss Year Ago, Revenue Rises Over 2-Fold
· Free Press Journal
New Delhi: Realty firm Signature Global Ltd on Thursday reported a consolidated net profit of Rs 66.90 crore for the quarter ended September on the back of higher income.
The company had posted a net loss of Rs 46.86 crore in the year-ago period.
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Total income jumped to Rs 870.70 crore in the second quarter of this fiscal from Rs 372.51 crore in the corresponding period of the preceding year, according to a regulatory filing.
During April-September 2026-27, the company posted a net profit of Rs 50.37 crore as against a net loss of Rs 12.42 crore in the year-ago period.
Adani Ports Expands Into European Energy Storage Market With €2.56 Billion Evos AcquisitionTotal income rose to Rs 1,482.42 crore in the first six months of this fiscal from Rs 1,270.86 crore in the corresponding period of the preceding year.
Signature Global Chairman Pradeep Kumar Aggarwal, said, "Demand for quality housing in Gurugram remains healthy, and our well-planned launches, including the premium Tonino Lamborghini Residences, have been received very positively by the market. This has helped us improve our realisations and strengthen our brand positioning in the premium segment."
He said the company continued to build land bank in Farrukhnagar, which gives a strong pipeline for future launches.
Bengaluru Airport Gets DGCA Nod For Mixed-Mode Runway Operations"Our balance sheet remains robust, with a comfortable liquidity position that allows us to pursue growth opportunities with confidence. Looking ahead, we are optimistic about the road ahead and remain committed to delivering quality homes on time while creating long-term value for all our stakeholders," Aggarwal said.
Signature Global, which is one of the leading real estate developers in the country, has delivered 19.9 million sq ft of real estate since inception.
(Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)