Tag: Pradeep Aggarwal

InfrastructureLatest Stories

Gurugram: Buyers Protest Developer Over Poor Roads at Signature Global City-1

GURUGRAM: On Friday, numerous residents from Signature Global City-1 in Sector 37D protested against the developer, claiming inadequate road connectivity. Residents stated that the builder had assured them of a 24-meter-wide road leading to the main access point. However, over a year post-possession, the promised road remains absent, causing daily commuting difficulties. Currently, around 150 families reside in the society out of a total of 1,250 flats, with possession commencing last year. The developer’s representative did not respond to inquiries from TOI. Residents highlighted that poor connectivity is more than just an inconvenience; it poses risks for individuals of all…

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Signature Global Targets 92% Growth by FY26

NEW DELHI: Realty firm Signature Global Ltd aims to boost its operational revenue by 92% this fiscal year, fueled by strong sales in its residential projects across Gurugram. According to its latest investor presentation, the company is targeting revenue of ₹4,800 crore for this financial year. Signature Global’s operational income reached ₹2,498.02 crore during the 2024-25 fiscal year. The company mentioned that it has “achieved around 19% of guidance.” It anticipates increased momentum in the upcoming quarters, driven by timely construction completions. In the real estate segment, revenue recognition can occur either upon project completion or via the percentage-of-completion method.…

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Signature Global India Q1 FY26 Net Profit at ₹34.43 Crore

NEW DELHI: Signatureglobal (India) has reported a consolidated net profit after tax of ₹34.43 crore for the quarter ending June 30, 2025, a significant increase from ₹6.79 crore in the same quarter last year, according to a BSE filing. The company’s total net consolidated income for Q1 FY26 reached ₹898.35 crore, marking a 109.90% growth from ₹427.98 crore recorded in the same period last year. Pradeep Kumar Aggarwal, chairman and whole-time director of the company, stated, “Capitalizing on the strong momentum from FY25, we achieved impressive performance in the first quarter of FY26, with our operational revenue doubling year-on-year.” The…

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Signature Global records ₹2,640 crore pre-sales in Q1 FY26

Representative image created by AI NEW DELHI: Signatureglobal (India) reported pre-sales of ₹2,640 crore for Q1 FY26, down from ₹3,120 crore during the same period last year. The company experienced a notable increase in average sales realization, which rose by 31% year-on-year to ₹16,296 per sq ft in Q1 FY26, compared to ₹12,457 per sq ft in FY25. Pradeep Kumar Aggarwal, chairman and whole-time director, stated, “We expect strong sales momentum and are confident in achieving our annual targets across several metrics.” Collections for the quarter totaled ₹930 crore, lower than ₹1,210 crore in Q1 FY25. In terms of business…