The developer based in Gurugram, Signature Global, reported a net profit of 70 crore rupees for the September quarter (Q2FY27). This figure significantly exceeds the loss of 50 crore rupees recorded a year earlier. Furthermore, the company's operating revenue increased by 148 percent year-over-year (YoY) to reach 820 crore rupees, according to the quarterly results.
Pradeep Kumar Aggarwal, Chairman and Managing Director of Signature Global, noted that the results for the first half of the current fiscal year reflect the strength of the company's business model and buyer confidence in the Signature Global brand. He also emphasized that the demand for quality housing in Gurugram remains high.
The company's adjusted EBITDA margin grew to 18 percent, compared to a negative figure of 7 percent in Q2FY26. For the first half of FY27, revenue increased by 14 percent year-over-year to 1,370 crore rupees, and net profit was 50 crore rupees, whereas the company incurred a loss of 10 crore rupees the previous year.
In Q2FY27, collections grew by 9 percent year-over-year to 1,010 crore rupees, compared to 930 crore rupees the previous year. The volume of advance sales for the quarter reached 1,830 crore rupees. Additionally, the company's average sales realization increased by 12.3 percent, reaching 17,122 rupees per square foot in Q2FY27, compared to 15,250 rupees per square foot in FY26. This increase is attributed to the launch of the Tonino Lamborghini Residences project in Sector 71, Gurugram.
Aggarwal added that the company's balance sheet remains robust, providing comfortable liquidity for confident pursuit of growth opportunities. The company expresses optimism about the future and reaffirms its commitment to timely delivery of quality housing and creating long-term value for all stakeholders. During H1FY27, the company added 6.77 million square feet of potential built-up area in Farrukhnagar, Gurugram, Haryana, thereby entering a new micro-market.
