- Home
- Real Estate
- Signature Global Q2 revenue rises 148 per cent to Rs 8.2 billion
Signature Global Q2 revenue rises 148 per cent to Rs 8.2 billion
Signature Global reported a 148 per cent Y-O-Y increase in revenue from operations to Rs 8.2 billion in Q2FY27, compared with Rs 3.3 billion in the corresponding quarter of the previous fiscal. The real estate developer also reported a profit after tax (PAT) of Rs 700 million, against a loss of Rs 500 million in Q2FY26.Pre-sales stood at Rs 18.3 billion during the quarter, while collections increased 9 per cent year-on-year to Rs 10.1 billion from Rs 9.3 billion in Q2FY26. The company attributed its performance to demand for its projects and execution.Average sales realisation increased 12.3 per cent to Rs 17,122 per sq ft in Q2FY27, compared with Rs 15,250 per sq ft in FY26. The company attributed the improvement to the launch of Tonino Lamborghini Residences on Southern Peripheral Road (SPR), Sector 71, Gurugram.Its adjusted gross profit margin increased to 36 per cent in Q2FY27 from 35 per cent in the corresponding quarter last year. Adjusted EBITDA margin also improved to 18 per cent, compared with a negative 7 per cent in Q2FY26, supported by higher revenue recognition, margin expansion and operating efficiencies.For H1FY27, revenue from operations rose 14 per cent year-on-year to Rs 13.7 billion from Rs 12 billion. The company reported a PAT of Rs 500 million, compared with a loss of Rs 100 million in H1FY26. Its adjusted gross profit margin stood at 31 per cent, against 29 per cent a year earlier, while adjusted EBITDA margin increased to 13 per cent from 6 per cent.At the end of H1FY27, Signature Global reported net debt of Rs 4.5 billion, compared with Rs 2 billion at the end of FY26. Cash and bank balances, including fixed deposits, stood at Rs 24.2 billion.Land acquisitions strengthen development pipelineDuring H1FY27, the company added 194.22 acres in Farrukhnagar, Gurugram, through acquisitions and collaborations, with a development potential of approximately 6.77 million sq ft. This marked its entry into the micro-market.It also added development potential of 0.38 million sq ft in Sector 37D along Dwarka Expressway, previously under a collaboration arrangement, 0.10 million sq ft in Sector 71 along the SPR corridor and 2.70 million sq ft in Sohna. These additions are expected to support its future project pipeline.Commenting on the performance, Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, Signature Global, said the first half of the fiscal reflected the strength of the company's business model and continued homebuyer confidence. He said demand for quality housing in Gurugram remained healthy, while launches such as Tonino Lamborghini Residences had supported higher sales realisations and strengthened the company's positioning in the premium segment.Aggarwal added that the company would continue to expand its land bank, deliver homes on time and pursue growth opportunities while maintaining its liquidity position.
Related Stories
Gold Stories
Mumbai Port Authority advances Rs 9.23 billion marina project
Mumbai Port Authority (MbPA) has held the first pre-bid meeting for the Viksit Bharat Mumbai Marina project, attracting more than 35 industry representatives from the marina and marine services, infrastructure, port development, shipping, logistics, hospitality, finance and advisory sectors. The meeting was held at Port Bhavan on 30 October 2026, with participants attending both in person and online.The marina, proposed at Victoria Dock, will be developed on a Design, Build, Finance, Operate and Transfer (DBFOT) basis under a 45-year concession. The project has an estimated cost of Rs 9.23 bil..
ICC expands premium real estate presence with Bay One Residences
International Construction Consortium (ICC), a Sri Lanka-based construction and engineering company, is strengthening its presence in the premium residential segment with Bay One Residences Colombo, a waterfront development at Port City Colombo. The project, being developed through its wholly owned subsidiary ICC Port City (Pvt) Ltd, has reached the Garden Floor level, with structural work at Level 4 nearing completion. It is scheduled for completion in January 2029.Located along the marina at Port City Colombo, Bay One Residences is envisioned as an ultra-luxury residential development combin..
Related Articles
Latest Updates
Recommended for you
Advertisement
Subscribe to Our Newsletter
Get daily newsletters around different themes from Construction world.
subscribe to the newsletter
Don't miss out on valuable insights and opportunities
to connect with like minded professionals

