Delhi-NCR-based real estate developer Signature Global delivered a remarkable financial turnaround in Q2FY27, reporting a consolidated net profit of ₹66.90 crore compared to a net loss of ₹46.86 crore in the same quarter last year. According to the company's quarterly results, total income surged to ₹870.70 crore in Q2FY27 from ₹372.51 crore in the corresponding period of the preceding year, demonstrating the company's strong operational performance during the September quarter.
The company's operational efficiency showed significant improvement with adjusted Ebitda margin rising to 18% from a negative 7% in Q2FY26. As reported by Business Standard, this margin expansion reflects the company's enhanced operational capabilities and cost management strategies. For the first half of FY27, revenue increased 14% YoY to ₹1,370 crore, while the company reported a net profit of ₹50 crore during H1FY27 compared with a loss of ₹10 crore year earlier.
Collections grew 9% YoY to ₹1,010 crore in Q2FY27, against ₹930 crore year earlier, according to the company's results. Pre-sales during the quarter stood at ₹1,830 crore. The company's average sales realisation increased 12.3% to ₹17,122 per sq ft in Q2FY27, compared with ₹15,250 per sq ft in FY26, which the company attributed to the launch of Tonino Lamborghini Residences in Sector 71, Gurugram.
Chairman and whole-time director Pradeep Kumar Aggarwal highlighted the company's strong business model and homebuyer trust, stating that demand for quality housing in Gurugram remains healthy. During H1FY27, the company added 6.77 million sq ft of potential development area in Farrukhnagar, Gurugram, Haryana, marking its entry into a new micro-market. Aggarwal emphasized the company's robust balance sheet with comfortable liquidity position, expressing optimism about future growth opportunities and commitment to delivering quality homes on time.
