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Signature Global reported a consolidated net loss of INR 46.86 crore for the July-September quarter of FY26, compared to a profit of INR 4.15 crore a year earlier, as total income fell to INR 372.51 crore from INR 777.42 crore. For the first half of FY26, the firm posted a net loss of INR 12.42 crore, though total income rose slightly to INR 1,270.86 crore. Chairman Pradeep Aggarwal said the company remains focused on strategic land acquisitions and project launches worth INR 14,000 crore by March 2026 to meet its INR 12,500 crore pre-sales target. Recently, Signature Global raised INR 875 crore from IFC to fund mid-income housing and reduce debt.
Signature Global, one of India's leading real estate developers, reported a consolidated net loss of INR 46.86 crore for the July-September period of FY26, primarily due to lower income. The company had registered a net profit of INR 4.15 crore during the corresponding period a year ago. Advertisement
Total income dropped to INR 372.51 crore in the second quarter of the current financial year from INR 777.42 crore in the same period last year, according to the company's recent regulatory filing. For the first six months of FY26, the firm recorded a net loss of INR 12.42 crore, compared with a net profit of INR 10.94 crore in the first half of the previous fiscal.
However, total income for the April-September period rose slightly to INR 1,270.86 crore, up from INR 1,205.40 crore in the previous year's corresponding period.
Pradeep Aggarwal, Founder and Chairman of Signature Global, stated that the company remained committed to enhancing its performance through strategic land acquisitions and a robust launch pipeline in the coming quarters. He further mentioned that the firm was confident of meeting its pre-sales guidance and remained comfortable across all operational metrics, including revenue recognition, collections, and overall financial performance.
During FY25, Signature Global sold properties worth INR 10,290 crore, making it the fifth-largest listed real estate firm in India by sales bookings. For the current fiscal, the company has set a pre-sales target of INR 12,500 crore.
In the April-September period of FY26, sales bookings declined by 21 per cent to INR 4,650 crore compared to INR 5,900 crore a year earlier. Despite the slowdown, the developer expressed confidence in achieving its pre-sales target, supported by planned project launches worth INR 14,000 crore by March next year.
In a move to expand its business and strengthen its financial position, Signature Global recently secured INR 875 crore through the issuance of non-convertible debentures (NCDs) to the International Finance Corporation (IFC), the World Bank's lending arm. The funds will be utilised for developing mid-income housing projects and repaying high-cost debt.
To date, the company has delivered around 16 million square feet across multiple projects.
Despite facing a quarterly downturn in income and profitability, Signature Global continues to adopt an aggressive growth strategy focused on project launches and capital infusion. The company's collaboration with IFC for funding mid-income housing underscores its long-term commitment to expansion and debt reduction. With strategic land acquisitions and a promising launch pipeline, Signature Global remains optimistic about achieving its pre-sales target for FY26 while maintaining steady operational and financial performance in the coming quarters.
Source - PTI
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