Signature Global Eyes Rs 125 billion Sales in FY26

14 Jul 2025 CW Team

Signature Global is confident of achieving its Rs 125 billion pre-sales target for FY26, despite a 15 per cent year-on-year dip in bookings in the April–June quarter. The company had recorded Rs 102.9 billion in pre-sales in FY25, emerging as the fifth-largest listed real estate firm by bookings.

“We are confident of achieving the target of Rs 125 billion sales bookings in the current fiscal,” said Pradeep Kumar Aggarwal, Chairman, Signature Global. He added that the company has a robust launch pipeline in Gurugram lined up for the rest of the year.

Despite strong housing demand, the company saw a 15 per cent decline in sales bookings in Q1 FY26 to Rs 26.4 billion, down from Rs 31.2 billion in the year-ago period. Units sold dropped to 778 homes, compared to 968 units in Q1 FY25. Pre-sales volume stood at 16 lakh sq ft, down 20 per cent year-on-year. However, the average realisation improved to Rs 16,296 per sq ft in Q1 FY26, compared to Rs 12,457 per sq ft for FY25.

Recently, the company announced plans to raise Rs 875 crore through non-convertible debentures to refinance debt and fund business expansion.

Signature Global posted a net profit of Rs 101.2 crore in FY25, up from Rs 16.32 crore in FY24, while total income rose to Rs 2,637.99 crore from Rs 1,324.55 crore in the previous year.

Since inception, the company has delivered 13.5 million sq ft of housing and has a strong pipeline comprising 21.6 million sq ft of upcoming projects and 46.38 million sq ft of ongoing developments scheduled for completion over the next 2–3 years.

(In photo: Pradeep Aggarwal, Founder and Chairman, Signature Global (India)

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..