Tag: Pradeep Aggarwal

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Signature Global Q1 FY27 pre-sales drop 25% to ₹1,970 crore

NEW DELHI: Signature Global recorded pre-sales of ₹1,970 crore in Q1 FY27, marking a 25% decline from ₹2,640 crore in Q1 FY26. The average sales realization rose to ₹17,093 per sq ft in Q1 FY27, up from ₹15,250 per sq ft in FY26. Collections amounted to ₹670 crore in Q1 FY27, compared to ₹930 crore in Q1 FY26. The company’s net debt increased to ₹390 crore at the end of Q1 FY27 from ₹200 crore at the close of FY26. As of June 30, 2026, it had cash and bank balances, including fixed deposits, of ₹2,522 crore. Chairman and whole-time…

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Signature Global Assesses Senior Living Sector

Representative AI image NEW DELHI: Signature Global (India) is exploring opportunities in the senior living segment as part of its long-term growth strategy, according to founder and chairman Pradeep Aggarwal. Aggarwal noted, “Senior living is becoming a vital segment in India’s residential real estate market, influenced by shifting demographics, increased life expectancy, changing family dynamics, and growing aspirations for improved quality of life among senior citizens.” He further mentioned that while the segment is still in its early stages and requires more ecosystem support, awareness, and scale, it presents significant long-term potential. “We are carefully examining opportunities in this area…

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Signature Global (India) nets ₹1,094.64 crore profit in FY26

NEW DELHI: Signature Global (India) announced a consolidated net profit after tax of ₹1,094.64 crore for the financial year 2025-26, up from ₹101.20 crore reported in FY25, as stated in a filing with the BSE. The company’s consolidated total income for FY26 reached ₹2,778.85 crore, a 5.34% increase from ₹2,637.99 crore in FY25. In Q4 FY26, consolidated total income surged 109.53% to ₹1,195.22 crore, compared to ₹570.43 crore in the same quarter last year. Similarly, profit after tax for Q4 FY26 was ₹1,152.40 crore, a significant rise from ₹61.12 crore in the corresponding quarter of the previous fiscal. The board…

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Signature Global invests ₹2,891 crore in Gurugram with Tonino Lamborghini

Representative AI image NEW DELHI: Signature Global (India) has formed a strategic alliance with the Italian lifestyle brand Tonino Lamborghini to launch a residential project in Sector 71, Gurugram, valued at approximately ₹4,000 crore. The project will cover around 12.4 acres along Southern Peripheral Road, offering 812 residential units in 3, 4, and 4.5 BHK layouts. The development cost is estimated at ₹2,891 crore, as stated in the company’s filing. The partnership will operate under a brand licensing agreement, where Tonino Lamborghini will provide design insights and lend its brand identity, while Signature Global will handle development, execution, and sales.…

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Signature Global’s FY26 Pre-sales Drop 20% to ₹8,220 Crore

NEW DELHI: Signature Global (India) has reported a 20% year-over-year decrease in pre-sales, totaling ₹8,220 crore for FY2026, down from ₹10,290 crore the previous year. Pre-sales for the March quarter reached ₹1,540 crore, marking a 5% decrease year-on-year and a 24% decline from the previous quarter. The company sold 2,114 units in FY26, a significant drop from 4,130 units in FY25. Collections for the fiscal year were ₹4,000 crore, down from ₹4,380 crore in the previous year. Pradeep Kumar Aggarwal, chairman and whole-time director of the company, stated, “FY26 reflects our commitment to disciplined growth, with a notable reduction in…

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Signature Global, RMZ Team Up for Gurugram Mixed-Use Project

NEW DELHI: Signature Global (India) has partnered with RMZ to establish a joint venture focused on a mixed-use development featuring office spaces, hotels, and retail units along the Southern Peripheral Road (SPR) in Gurugram. According to the agreement, the companies will create a 50:50 joint venture, with RMZ investing ₹1,283 crore in the project. Pradeep Aggarwal, founder & chairman of Signature Global (India), stated, “The Southern Peripheral Road has consistently developed into a significant hub for residential and commercial projects, bolstered by robust infrastructure and connectivity.” As part of this deal, RMZ will acquire a 50% stake in Gurugram Commercity…

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Signature Global reports ₹45.33 crore net loss in Q3 FY26

NEW DELHI: Signatureglobal (India) has reported a net consolidated loss after tax of ₹45.33 crore for the quarter ending December 31, 2025, compared to a profit after tax of ₹29.13 crore during the same quarter of the previous fiscal year, as noted in a filing with BSE. The company’s net consolidated total income for Q3 FY26 was ₹312.76 crore, reflecting a 63.72% decline from ₹862.14 crore in the corresponding quarter of the previous year. Pradeep Aggarwal, the founder and chairman, stated, “We have maintained steady performance during the first nine months of FY26. Although the real estate market has experienced…

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Signature Global reports ₹46.86 crore loss in Q2 FY26

NEW DELHI: Signatureglobal (India) reported a net consolidated loss after tax of ₹46.86 crore for the quarter ending September 30, 2025, a decline from a profit of ₹4.15 crore in the same quarter of the previous fiscal year, according to their BSE filing. The company’s net consolidated total income for Q2 FY26 was ₹372.51 crore, representing a 52.08% decrease from ₹777.42 crore in the corresponding quarter last year. During Q2 FY26, the management of the group opted to sell its investment property in the NCR region, successfully securing ₹5 crore from this transaction. Published on Nov 7, 2025 at 05:03…

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Signature Global secures ₹8.75B through NCDs for housing projects

NEW DELHI: Signature Global (India) has successfully secured ₹8.75 billion through a private placement of non-convertible debentures (NCDs) with the International Finance Corporation (IFC), the World Bank’s lending arm. The NCDs received ‘A+’ stable ratings from Care Edge Ratings, marking the company’s first listed debt transaction. With a coupon rate of 11%, the NCDs have a tenure of three years, two months, and 30 days, maturing on January 15, 2029. The proceeds will be allocated for developing mid-income housing and environmentally sustainable projects, along with reducing existing debt. Pradeep Aggarwal, founder and chairman of Signature Global, expressed, “We are committed…

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Signature Global Pre-Sales Reach ₹46.5 Billion in H1 FY26

NEW DELHI: Signature Global has announced pre-sales of ₹46.5 billion for H1 FY26, alongside collections of ₹18.7 billion for the same timeframe. In Q2 FY26, pre-sales reached ₹20.1 billion, with collections increasing to ₹9.4 billion. The average sales price during this quarter was ₹15,000 per sq ft, compared to ₹12,457 per sq ft in FY25. The company’s net debt has slightly increased to ₹9.7 billion due to the purchase of 33.47 acres of land in the key Sohna micro-market, which has a development potential of approximately 1.76 million sq ft. Chairman and whole-time director Pradeep Kumar Aggarwal stated, “We continue…