IndustryLatest Stories

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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Top 25 Real Estate Firms Hit ₹6.1 Lakh Crore Market Cap by 2025

Representative image created by AI NEW DELHI: Macrotech Developers, renowned for its Lodha brand, has secured its position as India’s top real estate company in the 2025 Grohe-Hurun India Real Estate rankings, based on market capitalization as of March 31, 2025. With a market cap of ₹1,29,400 crore, the Mumbai-based firm continues to lead the standings, reflecting robust investor confidence and stellar performance within the Indian property sector. DLF follows closely with a market cap of ₹1,15,100 crore, while Phoenix Mills rounds out the top three at ₹47,800 crore. The report indicates that the total market capitalization of the 25…

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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…