How Did Signature Global's Q4 Revenue Plummet by 37%?

Synopsis
Key Takeaways
- Revenue dropped by 37% in Q4 FY25.
- Net profit increased by 48% to Rs 61.12 crore.
- Total income for FY25 more than doubled to Rs 2,637.99 crore.
- Achieved highest-ever pre-sales of Rs 10,290 crore.
- Expanding focus to premium housing market.
Mumbai, May 31 (NationPress) The real estate firm Signature Global has experienced a significant decline in its revenue during the March quarter (Q4), with operational revenue dropping by more than 37% sequentially to Rs 520.4 crore, down from Rs 827.6 crore in the December quarter (Q3 FY25).
Additionally, the company recorded a year-on-year (YoY) decrease in total income for Q4 FY25, which amounted to Rs 570.43 crore, compared to Rs 722.73 crore during the same period last year (Q4 FY24), as per a regulatory filing.
Despite the quarterly downturn in revenue and income, the company successfully increased its profit.
Signature Global’s consolidated net profit surged by 48% in the March quarter, reaching Rs 61.12 crore, up from Rs 41.25 crore in the same quarter of the previous fiscal year.
For the financial year 2024–25, the company’s net profit soared more than six times to Rs 101.2 crore, in contrast to Rs 16.32 crore in FY24.
Total income for the year also exhibited remarkable growth, more than doubling to Rs 2,637.99 crore from Rs 1,324.55 crore in the prior fiscal year.
The Gurugram-based real estate entity also achieved its highest-ever pre-sales during FY25, with sales bookings increasing by 42% to Rs 10,290 crore.
Commenting on the performance, Signature Global’s Chairman and Whole-Time Director, Pradeep Kumar Aggarwal, stated that "FY25 has been exceptionally successful across all key business areas," crediting the growth to the company’s strategic focus on premium and mid-income housing, alongside the confidence exhibited by stakeholders.
Originally known for its affordable housing projects, Signature Global is now venturing into the premium housing segment.
The company has successfully delivered 13.5 million sq. ft. of residential space and is currently engaged in projects covering 46.38 million sq. ft.
Additionally, it has plans for upcoming developments that encompass 21.6 million sq. ft.
Supported by investors such as HDFC, IFC, Nomura, and Standard Chartered, Signature Global is concentrating on land acquisitions and rapid project launches, typically within 18 months of land purchase.