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Signature Global posts ₹70 crore profit as Q2 revenue jumps 148%

Reported by Rituparna Sen (Section Editor) · Business Standard - Top Stories ·

Source: Business Standard
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Signature Global posts ₹70 crore profit as Q2 revenue jumps 148%Photo: Wikimedia Commons

Signature Global posted a net profit of ₹70 crore in Q2 FY27, reversing a loss recorded a year earlier. Revenue jumped 148 percent to ₹820 crore, driven by strong housing demand in Gurugram. The company's adjusted EBITDA margin turned positive, reaching 18 percent compared with a negative 7 percent in the same quarter last year. Signature Global is based in Gurugram and said the demand surge helped lift both sales and margins. ## Context The Indian real‑estate sector often sees profit swings linked to demand cycles. Gurugram’s market has stayed buoyant as companies set up offices, pulling more buyers. Improved margins indicate the developer is managing costs better.

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