IndustryLatest Stories

Signature Global Q3 FY26 Sales Bookings Down 27% to ₹2,020 Cr

NEW DELHI: Realty firm Signature Global reported a 27% drop in sales bookings to ₹2,020 crore for the quarter ending in December, despite high festive demand for housing properties. The Gurugram-based company sold properties worth ₹2,770 crore during the same period last year. According to a regulatory filing, Signature Global sold 408 units in the October-December period of this fiscal year, down from 1,518 units in the year-ago quarter. Sales bookings, measured in area, fell to 1.44 million sq ft from 2.49 million sq ft. Real estate developers typically see increased sales during the October-December period due to festive demand.…

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.…