Real estate developer Signature Global on Thursday reported a consolidated net loss of ₹16.5 crore for the first quarter of FY27, compared with a net profit of ₹34.4 crore in the corresponding quarter of the previous financial year.
According to the company’s regulatory filing, revenue from operations declined to ₹552 crore during the April-June quarter, down from ₹865.6 crore reported in the same period last year.
At the operating level, the company posted an EBITDA loss of ₹44.7 crore, compared with an EBITDA profit of ₹33 crore in the year-ago quarter.
Despite the weaker quarterly financial performance, Signature Global said its core business fundamentals remained strong, citing healthy demand, improved product mix and higher sales realisations.
Commenting on the results, Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, said revenue recognition during the quarter was influenced by project timelines, while the company’s execution momentum and project pipeline continued to remain robust.
He said strong pre-sales performance reflected sustained homebuyer confidence in the Signature Global brand.
Aggarwal also highlighted the company’s entry into the branded residences segment through its partnership with Tonino Lamborghini, stating that the encouraging response to the launch reinforces its premiumisation strategy and strengthens its presence in the premium housing market.
On the stock market, Signature Global shares ended Thursday’s session nearly unchanged at ₹811, down 0.33 per cent or ₹2.70.
The stock has declined 0.4 per cent over the past five trading sessions and is down 8.88 per cent over the last six months. On a year-to-date basis, the shares have fallen 28.15 per cent.
However, the stock has gained 2.82 per cent over the past month.
Headquartered in Gurugram, Signature Global has established a strong presence in the Delhi-NCR real estate market. While the company initially focused on affordable housing, it has expanded in recent years into the mid-income and premium residential segments, alongside commercial developments.
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