Synopsis
In Q3 FY25, Signature Global experienced a 6.54% rise in expenses totaling Rs 835.89 crore. Liabilities jumped by 17% to Rs 11,525.72 crore, while revenue peaked at Rs 830 crore. Despite a net loss of Rs 25 crore in 9M FY25, the company showed robust growth in profit after tax, reaching Rs 28.99 crore.Key Takeaways
- Expenses increased by 6.54% to Rs 835.89 crore.
- Liabilities surged by 17% to Rs 11,525.72 crore.
- Revenue reached Rs 830 crore, a significant growth.
- PAT rose to Rs 28.99 crore from Rs 2 crore last year.
- Net debt reduced to Rs 740 crore, showing financial improvement.
New Delhi, Feb 11 (NationPress) The real estate firm Signature Global has disclosed a rise in its total expenses, reaching Rs 835.89 crore during the third quarter of the financial year 2025 (Q3 FY25), marking an increase of 6.54 percent from Rs 784.60 crore in Q2.
The company's expenses have surged by almost 179 percent compared to Rs 299.70 crore in the same quarter last year (Q3 FY24).
As per their filing with the stock exchange, the rise in total expenses is attributed to increased costs linked to project execution and completion.
Concurrently, the company’s total liabilities experienced a significant escalation to Rs 11,525.72 crore in Q3, up from Rs 9,852 crore in Q2 and Rs 7,181 crore in the same period last year.
This reflects a 16.99 percent increase from Q2 to Q3, while total liabilities have surged by 60.50 percent compared to the year-ago period.
In the stock market, Signature Global’s shares dropped 4.05 percent on the National Stock Exchange (NSE) to Rs 1,272.30 during intra-day trading on Tuesday.
Nevertheless, Signature Global reported a substantial rise in revenue, which escalated to Rs 830 crore in Q3, compared to Rs 280 crore in the previous fiscal year.
This impressive revenue growth was fueled by increased project completions and execution.
The company also saw a notable increase in its profit after tax (PAT) for the quarter, amounting to Rs 28.99 crore, compared to a mere Rs 2 crore in the same period last year.
However, the company encountered a net loss of Rs 25 crore in the first nine months of FY25 (9M FY25).
Furthermore, its adjusted EBITDA margin improved to 12 percent in the third quarter, up from 10 percent in the previous year.
Net debt has decreased to Rs 740 crore, down from Rs 1,160 crore at the conclusion of FY24.
“The consistent enhancement in our financial metrics, which includes improved collections and significant debt reduction, highlights our dedication to operational excellence while striving for growth,” stated Pradeep Kumar Aggarwal, Chairman and Whole-time director.
