Signatureglobal (India) Ltd.'s net profit rose fivefold during the quarter ended June of current fiscal.
The real estate developer's bottom line surged to Rs 34.42 crore during the April-June period, against Rs 6.77 crore for the year-ago period, according to an exchange filing on Thursday.
Signature Global Q1 Highlights (Consolidated, YoY)
Revenue up 116.1% to Rs 865.67 crore versus Rs 400.61 crore.
Net profit up 408% to Rs 34.42 crore versus Rs 6.77 crore.
Ebitda at Rs 33.18 crore versus loss of Rs 1.48 crore.
Margin at 3.8%.
The company has delivered a robust performance in the first quarter of fiscal 2026, with its operational revenue doubling year-on-year, according to Chairperson Pradeep Aggarwal. "Our consistent financial and operational progress has further strengthened stakeholder confidence."
Shares of Signatureglobal closed 0.9% lower at Rs 1,107.9 apiece on the NSE, compared to a 0.09% rise in the benchmark Nifty. The stock has fallen 22.48% in the last 12 months and 18.82% on a year-to-date basis.
All five analysts tracking the company have a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 53.2%.
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