3 weeks ago
Signature Global slips into Rs 16.5 crore loss in Q1
Signature Global is a company that builds homes in India.
In the first three months of the new financial year, the company lost money.
It lost 16.5 crore rupees, while last year at the same time it made a profit of 34.4 crore rupees.
The company also earned less money from selling homes this quarter.
It earned 552 crore rupees, compared with 865.6 crore rupees last year.
The chairman said the timing of construction projects affected when the company could count its earnings.
He said the company's business is still strong and many people want to buy its homes.
The company also started a new range of fancy homes with the brand Tonino Lamborghini.
The company's share price barely changed on the day the results were announced.
However, over the whole year so far, the share price has dropped a lot.
Real estate developer Signature Global reported a consolidated net loss of Rs 16.5 crore for Q1 FY27, against a net profit of Rs 34.4 crore in Q1 FY26.
Revenue from operations fell to Rs 552 crore from Rs 865.6 crore in the year-ago quarter, per its stock exchange filing.
The company posted an EBITDA loss of Rs 44.7 crore in the June quarter, compared with an EBITDA profit of Rs 33 crore a year earlier.
Shares closed almost flat at Rs 811, down 0.33%, though down 28.15% on a year-to-date basis.
Chairman Pradeep Kumar Aggarwal said revenue recognition was influenced by project timelines and highlighted the company's entry into branded residences via a Tonino Lamborghini partnership.
- Who
- Signature Global, a real estate developer headquartered in Gurugram, Haryana, and its Chairman Pradeep Kumar Aggarwal.
- What
- The company reported a consolidated net loss of Rs 16.5 crore for the first quarter, with revenue falling to Rs 552 crore.
- Where
- India, with the company active in the Delhi-NCR market.
- When
- First quarter of financial year 2026-27 (FY27), reported on a Thursday (June quarter).
- Why
- Revenue recognition was influenced by project timelines, although the company cited strong pre-sales, healthy demand, and an improved product mix.
Key facts
- Net Loss (Q1 FY27)
- Rs 16.5 crore
- Net Profit (Q1 FY26)
- Rs 34.4 crore
- Revenue (Q1 FY27)
- Rs 552 crore
- Revenue (Q1 FY26)
- Rs 865.6 crore
- EBITDA (Q1 FY27)
- -Rs 44.7 crore
- EBITDA (Q1 FY26)
- +Rs 33 crore
- Share Price Close
- Rs 811, down 0.33% on the day
- Stock Change (YTD)
- Down 28.15% or Rs 317.70
Quotes
Pradeep Kumar Aggarwal
Chairman and Whole‑Time Director of Signature Global
““While revenue recognition was influenced by project timelines, our underlying business fundamentals and execution momentum remain strong, supported by a robust project pipeline and steady construction progress. Healthy demand, an improved product mix, and higher sales realisations drove strong pre‑sales performance, reinforcing homebuyers’ trust in the Signature Global brand.””
thehansindia.com
Sources
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