Signature Global India Reports Q2 Net Loss of 468.6 Crore Rupees Amid Revenue Decline
Signatureglobal, a real estate developer, reported a net loss of ₹468.6 crore in Q2, compared to a profit of ₹41 million in the same period last year. Revenue decreased by 54.82% to ₹3,384.92 crore. EBITDA turned negative at ₹-404.0 crore. Despite financial challenges, the company achieved pre-sales of ₹20,200 crore and stable collections of ₹9,300 crore. Average sales realization improved to ₹15,731 per sq. ft. in H1. The company acquired 33.47 acres of land with development potential of 1.76 million square feet. Management remains optimistic about future prospects, focusing on timely delivery, customer satisfaction, and strategic land acquisitions.

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Signatureglobal , a prominent real estate developer, has reported a net loss of 468.6 crore rupees for the second quarter, marking a stark contrast to the profit of 41 million rupees recorded in the same period last year. The company's financial performance reflects challenging market conditions and a notable decline in revenue.
Revenue and Profitability
The company's quarterly revenue saw a substantial decrease, dropping to 3,384.92 crore rupees from 7,492.88 crore rupees year-over-year, representing a 54.82% decline. This significant reduction in revenue has had a considerable impact on the company's bottom line.
Key Financial Metrics
| Metric (in crore rupees) | Q2 Current | Q2 Previous | YoY Change |
|---|---|---|---|
| Revenue | 3,384.92 | 7,492.88 | -54.82% |
| EBITDA | -404.00 | 165.00 | -344.85% |
| Net Profit/(Loss) | -468.60 | 41.00 | -1,242.93% |
| EPS (in rupees) | -3.34 | 0.29 | -1,251.72% |
The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) turned negative at -404.0 crore rupees, compared to a positive 165.0 crore rupees in the same quarter last year. This represents a significant downturn in operational performance.
Operational Highlights
Despite the financial challenges, Signatureglobal reported some positive operational metrics:
Pre-Sales: The company achieved pre-sales of 20,200 crore rupees for the quarter, although this was lower compared to 27,800 crore rupees in the same quarter of the previous year.
Collections: Collections remained stable at 9,300 crore rupees, compared to 9,200 crore rupees in the previous year's corresponding quarter.
Average Sales Realization: The company saw an improvement in average sales realization, which stood at 15,731 per sq. ft. in H1, up from 12,457 per sq. ft. in the previous fiscal year.
Business Development and Land Acquisition
During the quarter, Signatureglobal acquired 33.47 acres of land, with 30.86 acres being in collaboration within their existing key micro-market, 'Sohna'. This acquisition has a development potential of approximately 1.76 million square feet.
Management Commentary
Mr. Pradeep Aggarwal, Founder & Chairman of Signatureglobal, commented on the company's performance: "Today, Signature Global stands among the fastest-growing real estate companies in the country. As Delhi-NCR's housing market continues to witness steady demand and strong buyer confidence driven by improving infrastructure, urban expansion, and rising aspirations for quality housing, we have continued to strengthen our focus on timely delivery, customer satisfaction, and transparent practices."
He added, "With strategic land acquisitions and a healthy launch pipeline in the coming quarters, we remain focused on strengthening our performance and capturing emerging market opportunities. We are confident of achieving our pre-sales guidance and remain fully comfortable with our outlook across all key operating metrics, including collections, revenue recognition, and overall financial performance."
Outlook
While the Q2 results show significant challenges, particularly in revenue and profitability, Signatureglobal's management remains optimistic about future prospects. The company's focus on strategic land acquisitions, improving sales realization, and a strong pipeline of projects may potentially support recovery in the coming quarters.
Investors and market watchers will likely keep a close eye on how the company navigates these challenges and implements strategies to return to profitability in the upcoming quarters.
Historical Stock Returns for Signatureglobal
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.61% | -2.41% | +3.16% | -7.19% | -23.54% | +130.77% |
















































