Latest news with #PradeepKumarAggarwal
&w=3840&q=100)
Business Standard
3 hours ago
- Business
- Business Standard
Signature Global aims 92% growth in FY26 operational revenue to ₹4,800 cr
On revenue, the company said it has 'achieved around 19 per cent of guidance. Momentum is expected to pick up in subsequent quarters driven by completion of construction as planned' Press Trust of India New Delhi Realty firm Signature Global Ltd is targeting a 92 per cent increase in revenue from operations during this fiscal year on the back of strong sales in its residential projects across Gurugram. In a latest investors presentation, the company said it is targeting a revenue of Rs 4,800 crore during this financial year. Signature Global's income from operations stood at ₹2,498.02 crore in the 2024-25 fiscal. On revenue, the company said it has "achieved around 19 per cent of guidance. Momentum is expected to pick up in subsequent quarters driven by completion of construction as planned". In the real estate sector, the companies can recognise revenues either on completion of their projects or on percentage of completion method. Signature Global achieved record sales bookings of ₹10,290 crore during the 2024-25 and has given a guidance of ₹12,500 crore for the current financial year. On Thursday, the company reported a five-fold surge in consolidated net profit to ₹34.43 crore for the first quarter of this fiscal, supported by higher income amid strong housing demand. Its net profit stood at ₹6.79 crore in the year-ago period. Revenue from operations surged to ₹865.66 crore during the April-June period of 2025-26 fiscal year, from Rs 400.61 crore in the corresponding period of the preceding year. Total income rose to ₹898.35 crore, from ₹427.98 crore during the period under review. On the financial performance, Signature Global Chairman Pradeep Kumar Aggarwal said, "Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes." He said the launch pipeline remains strong for the remaining period of this fiscal, which would help the company to sustain this growth trajectory. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
3 hours ago
- Business
- Time of India
Signature Global aims 92% growth in FY26 operational revenue to Rs 4,800 cr
Signature Global Ltd aims for a 92% revenue surge this fiscal year, targeting ₹4,800 crore, driven by strong Gurugram residential sales. The company reported a five-fold jump in Q1 net profit to ₹34.43 crore, with revenue doubling to ₹865.66 crore. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads New Delhi: Realty firm Signature Global Ltd is targeting a 92 per cent increase in revenue from operations during this fiscal year on the back of strong sales in its residential projects across a latest investors presentation, the company said it is targeting a revenue of Rs 4,800 crore during this financial Global's income from operations stood at Rs 2,498.02 crore in the 2024-25 revenue, the company said it has "achieved around 19 per cent of guidance. Momentum is expected to pick up in subsequent quarters driven by completion of construction as planned".In the real estate sector, the companies can recognise revenues either on completion of their projects or on percentage of completion Global achieved record sales bookings of Rs 10,290 crore during the 2024-25 and has given a guidance of Rs 12,500 crore for the current financial Thursday, the company reported a five-fold surge in consolidated net profit to Rs 34.43 crore for the first quarter of this fiscal, supported by higher income amid strong housing net profit stood at Rs 6.79 crore in the year-ago from operations surged to Rs 865.66 crore during the April-June period of 2025-26 fiscal year, from Rs 400.61 crore in the corresponding period of the preceding income rose to Rs 898.35 crore, from Rs 427.98 crore during the period under the financial performance, Signature Global Chairman Pradeep Kumar Aggarwal said, "Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes."He said the launch pipeline remains strong for the remaining period of this fiscal, which would help the company to sustain this growth trajectory.
Economic Times
3 hours ago
- Business
- Economic Times
Signature Global aims 92% growth in FY26 operational revenue to Rs 4,800 cr
Synopsis Signature Global Ltd aims for a 92% revenue surge this fiscal year, targeting ₹4,800 crore, driven by strong Gurugram residential sales. The company reported a five-fold jump in Q1 net profit to ₹34.43 crore, with revenue doubling to ₹865.66 crore. ANI Representative image. New Delhi: Realty firm Signature Global Ltd is targeting a 92 per cent increase in revenue from operations during this fiscal year on the back of strong sales in its residential projects across Gurugram. In a latest investors presentation, the company said it is targeting a revenue of Rs 4,800 crore during this financial year. Signature Global's income from operations stood at Rs 2,498.02 crore in the 2024-25 fiscal. On revenue, the company said it has "achieved around 19 per cent of guidance. Momentum is expected to pick up in subsequent quarters driven by completion of construction as planned". In the real estate sector, the companies can recognise revenues either on completion of their projects or on percentage of completion method. Signature Global achieved record sales bookings of Rs 10,290 crore during the 2024-25 and has given a guidance of Rs 12,500 crore for the current financial year. On Thursday, the company reported a five-fold surge in consolidated net profit to Rs 34.43 crore for the first quarter of this fiscal, supported by higher income amid strong housing demand. Its net profit stood at Rs 6.79 crore in the year-ago period. Revenue from operations surged to Rs 865.66 crore during the April-June period of 2025-26 fiscal year, from Rs 400.61 crore in the corresponding period of the preceding year. Total income rose to Rs 898.35 crore, from Rs 427.98 crore during the period under review. On the financial performance, Signature Global Chairman Pradeep Kumar Aggarwal said, "Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes." He said the launch pipeline remains strong for the remaining period of this fiscal, which would help the company to sustain this growth trajectory.
News18
4 hours ago
- Business
- News18
Signature Global aims 92 pc growth in FY26 operational revenue to Rs 4,800 cr
Agency: New Delhi, Aug 8 (PTI) Realty firm Signature Global Ltd is targeting a 92 per cent increase in revenue from operations during this fiscal year on the back of strong sales in its residential projects across Gurugram. In a latest investors presentation, the company said it is targeting a revenue of Rs 4,800 crore during this financial year. Signature Global's income from operations stood at Rs 2,498.02 crore in the 2024-25 fiscal. On revenue, the company said it has 'achieved around 19 per cent of guidance. Momentum is expected to pick up in subsequent quarters driven by completion of construction as planned". In the real estate sector, the companies can recognise revenues either on completion of their projects or on percentage of completion method. Signature Global achieved record sales bookings of Rs 10,290 crore during the 2024-25 and has given a guidance of Rs 12,500 crore for the current financial year. On Thursday, the company reported a five-fold surge in consolidated net profit to Rs 34.43 crore for the first quarter of this fiscal, supported by higher income amid strong housing demand. Its net profit stood at Rs 6.79 crore in the year-ago period. Total income rose to Rs 898.35 crore, from Rs 427.98 crore during the period under review. On the financial performance, Signature Global Chairman Pradeep Kumar Aggarwal said, 'Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes." He said the launch pipeline remains strong for the remaining period of this fiscal, which would help the company to sustain this growth trajectory. PTI MJH DRR view comments First Published: August 08, 2025, 13:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
19 hours ago
- Business
- Economic Times
Signature Global reports 386% year-on-year increase in Q1 profit after tax
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Realty developer Signature Global has reported a 386% year-on-year increase in profit after tax (PAT), reaching Rs 34 crore in Q1 FY26 compared to Rs 7 crore in Q1 growth was primarily driven by increased revenue recognition, which rose by 118% to Rs 870 crore from Rs 400 crore in the same quarter last year, owing to higher project completions. The company has cumulatively delivered 15.7 million sq. ft. of real estate development till Q1 company achieved pre-sales of Rs 2,640 crore in Q1 FY26 versus Rs 3,120 crore in Q1 FY25. Average sales realization improved significantly to Rs 16,296 per sq ft from Rs 12,457 per sq ft in FY25. Collections for the quarter stood at Rs 930 crore compared to Rs 1,210 crore in Q1 FY25. Net debt remained stable at Rs 890 terms of profitability ratios, the company reported an adjusted gross profit margin of 27% in Q1 FY26 against 28% in Q1 FY25, while adjusted EBITDA margin stood at 12% compared to 13% in the previous line with its long-term growth strategy, Signature Global acquired 9.96 acres of land in its key micro-market of Sohna during Q1 FY26. The land parcel offers a development potential of approximately 0.53 million sq. ft."Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes. With several new project launches planned in the coming quarters, we are well-positioned to sustain this growth trajectory and further strengthen our market presence,' said Pradeep Kumar Aggarwal, Chairman and Whole- Time Global holds a market share of 13% in the National Capital Region (NCR) and 20% share in Gurugram within the price range of Rs 2 crore to Rs 5 of Q1FY26, the company has successfully delivered 15.7 million sq. ft. of real estate. Its project pipeline remains robust, comprising 17.1 million sq. ft. of recently launched projects, 24.5 million sq. ft. of forthcoming developments, and 9.2 million sq. ft. of ongoing construction, all slated for execution over the next 2–3 years.
