Signature Global Eyes Rs 125 Billion Sales in FY26
Real Estate

Signature Global Eyes Rs 125 Billion Sales in FY26

Realty firm Signature Global remains confident of achieving its Rs 125 billion pre-sales target for FY26, despite reporting a 15 per cent year-on-year decline in sales bookings for the April–June quarter.
The Gurugram-based developer, which recorded Rs 102.9 billion in bookings during FY25, was the fifth largest listed real estate company by sales bookings last year.
“We are confident of achieving the Rs 125 billion target this fiscal,” said Chairman Pradeep Kumar Aggarwal, citing a robust launch pipeline in Gurugram and strong housing demand among reputed developers.
In Q1 FY26, Signature Global sold 778 homes worth Rs 26.4 billion, down from 968 units valued at Rs 31.2 billion a year ago. Volumes also dipped by 20 per cent to 1.6 million sq ft, though average sales realisation rose to Rs 16,296 per sq ft, compared to Rs 12,457 per sq ft in FY25.
The company recently announced a Rs 8.75 billion fundraise through non-convertible debentures to refinance debt and support expansion.
For FY25, Signature Global posted a net profit of Rs 1.01 billion, a sharp rise from Rs 163.2 million in the previous year. Total income grew to Rs 26.38 billion, nearly doubling from Rs 13.24 billion in FY24.
Since inception, the company has delivered 13.5 million sq ft of housing projects, with a future pipeline of 21.6 million sq ft and 46.38 million sq ft under development, slated for completion over the next 2–3 years.

Realty firm Signature Global remains confident of achieving its Rs 125 billion pre-sales target for FY26, despite reporting a 15 per cent year-on-year decline in sales bookings for the April–June quarter.The Gurugram-based developer, which recorded Rs 102.9 billion in bookings during FY25, was the fifth largest listed real estate company by sales bookings last year.“We are confident of achieving the Rs 125 billion target this fiscal,” said Chairman Pradeep Kumar Aggarwal, citing a robust launch pipeline in Gurugram and strong housing demand among reputed developers.In Q1 FY26, Signature Global sold 778 homes worth Rs 26.4 billion, down from 968 units valued at Rs 31.2 billion a year ago. Volumes also dipped by 20 per cent to 1.6 million sq ft, though average sales realisation rose to Rs 16,296 per sq ft, compared to Rs 12,457 per sq ft in FY25.The company recently announced a Rs 8.75 billion fundraise through non-convertible debentures to refinance debt and support expansion.For FY25, Signature Global posted a net profit of Rs 1.01 billion, a sharp rise from Rs 163.2 million in the previous year. Total income grew to Rs 26.38 billion, nearly doubling from Rs 13.24 billion in FY24.Since inception, the company has delivered 13.5 million sq ft of housing projects, with a future pipeline of 21.6 million sq ft and 46.38 million sq ft under development, slated for completion over the next 2–3 years.

Next Story
Infrastructure Urban

Automotive Skills MoU Aims to Train 5,000 Youth by 2028

The Automotive Skills Development Council (ASDC), the Federation of Automobile Dealers Associations (FADA Academy), and Prayaas Trust have signed a tripartite Memorandum of Understanding (MoU) to create a scalable, industry-aligned skill development framework for India’s automotive sector.The initiative aims to bridge skill gaps, provide inclusive employment, and empower economically marginalised youth. Training centres will expand from three to twenty nationwide, targeting 5,000 youth over three years, with 30 per cent of seats reserved for women.ASDC will lead the development and upgrading..

Next Story
Infrastructure Urban

Engineers India Wins Rs 6.2 Billion Contract for Fertilizer Project

Engineers India rose 2.38 per cent to Rs 213.95 after securing a contract worth Rs 6.18 billion to provide project management consultancy (PMC) and engineering procurement and construction management (EPCM) services for a new fertilizer plant in Africa.The contract, awarded by an African-based fertiliser firm, covers comprehensive consultancy and engineering services for establishing the new facility. The project is scheduled for execution over a 24-month period, the company stated in a regulatory filing.While specific terms and conditions remain undisclosed due to confidentiality agreements, ..

Next Story
Infrastructure Urban

PM Modi Visits Kolkata to Inaugurate Commanders’ Conference

Prime Minister Narendra Modi arrived in Kolkata on Sunday evening for a two-day visit during which he will inaugurate the 16th Combined Commanders’ Conference. This is the Prime Minister’s second visit to West Bengal, where assembly elections are expected early next year.Upon arrival at the airport, he proceeded directly to Raj Bhavan, where he will stay overnight. Defence Minister Rajnath Singh has also reached the city to attend the conference, which is set to begin on Monday. National Security Adviser Ajit Doval, Chief of Defence Staff General Anil Chauhan and Defence Secretary Rajesh K..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?