Realty firm Signature Global has posted a consolidated net loss of Rs 45.33 crore in the quarter ended December on lower income. The company had posted a net profit of Rs 29.13 crore in the year-ago period. Total income fell to Rs 312.76 crore during October-December period of this fiscal from Rs 862.14 crore in the corresponding period of the preceding year, according to a regulatory filing on Tuesday. Pradeep Aggarwal, Founder and Chairman of Signature Global (India) Ltd, said the company has continued to deliver steady performance during the first nine months of this fiscal. "While the real estate market has witnessed some softness, the current environment clearly favours developers with a proven track record of delivering quality homes and truly consumer-centric offerings. Our recently launched wellness-centric project, Sarvam at DXP Estate, has received robust demand, reflecting evolving buyer preferences towards thoughtfully designed, health-focused living spaces," he ...
Bata India, Indian Hotels, IGL, MGL, Just Dial, Kalyan Jewellers, Jubilant FoodWorks, Oberoi Realty, Mankind Pharma and Suzlon Energy have hit their respective 52-week lows.
In the past one week, the smallcap index tanked 6 per cent, as against the 2.9 per cent fall in BSE Sensex.
The overall market environment, Signatureglobal (India) said, has turned softer and that has impacted the company
Realty firm Signature Global will invest Rs 4,800 crore to develop a luxury housing project in Gurugram as part of its strategy to expand business amid strong consumer demand. The company, which emerged as the fifth-largest listed realty firm last fiscal in terms of sales bookings, has recently launched a new project, 'Sarvam at DXP Estate', spread over 13.56 acre. The project, located on Dwarka Expressway, Sector 37D in Gurugram, will have 1,798 apartments. In the first phase, the company is offering 50 per cent of the total units for sale in a price range of Rs 3-4 crore per unit. "The total investment in the development of this project is estimated at around Rs 4,800 crore," Signature Global founder and Chairman Pradeep Aggarwal told PTI. The company will meet the investment largely through internal accruals, which include advances from customers. The construction works will start soon, and the project is expected to be completed by 2032. Aggarwal highlighted that the company
Signatureglobal shares fell after it reported a net loss of ₹46.86 crore in the September quarter, compared to a profit of ₹4.15 crore in the same period last year
The developer also saw a 56 per cent year-on-year (Y-o-Y) drop in revenue from operations for Q2FY26 to Rs 338.49 crore, down from Rs 749.28 crore in Q2FY25
Realty firm Signature Global Ltd on Tuesday said it has raised Rs 875 crore from World Bank's lending arm IFC through issuance of non-convertible debentures (NCDs) and the amount will be used to develop housing projects and retire high-cost debt. Gurugram-based Signature Global, one of the leading real estate developers in the country, also exuded confidence of achieving the sales bookings target of Rs 12,500 crore for this fiscal, on the back of launch pipeline of homes worth Rs 14,000 crore during the next five months. The company sold properties worth Rs 10,290 crore last fiscal to become the fifth largest listed realty firm in terms of sales bookings. "We have raised Rs 875 crore from private placement of NCDs with International Finance Corporation (IFC)," Signature Global Chairman Pradeep Kumar Aggarwal told reporters here. After the successful Initial Public Offering and listing of the shares on bourses, he said the company has achieved another major milestone by raising fund
The analysts believe that SGIL remains on track to achieve a net-cash status by FY27E, backed by improving collections, prudent capital deployment, and a focus on the mid-income housing segment
Realty firm Signature Global Ltd will next week raise Rs 875 crore through issuance of non-convertible debentures (NCDs) to investors. In a regulatory filing on Thursday, the company informed that the Debenture Committee of the company has approved the terms for issuance of 87,500 NCDs, having a face value of Rs 1 lakh each, aggregating to Rs 875 crore on a private placement basis. The tenure of the NCDs, having a coupon rate of 11 per cent, would be 3 years, 2 months and 30 days. The allotment is proposed on October 16, 2025, and the date of Maturity is January 15, 2029. In June, the company's board approved a proposal to raise up to Rs 875 crore through NCDs on a private placement basis. Gurugram-based firm Signature Global is one of the leading real estate developers in the country. In 2024-25, the company emerged as the fifth-largest listed real estate firm in terms of sales bookings. The company sold properties worth Rs 10,290 crore in the last fiscal and is targeting Rs 12,5