Signatureglobal (India)543990Quarterly results

Board approves Q2 results, re-appoints four whole-time directors for 3 years

Board met on 5 Nov 2026 and approved re-appointment of Pradeep Kumar Aggarwal, Lalit Kumar Aggarwal, Ravi Aggarwal and Devender Aggarwal as whole-time directors for 3 years from 15 February 2027, subject to members' approval.

By ScoutQuest · Thu 5 Nov 2026, 4:25 PM IST · 3 min read

Consolidated · ₹ million · EPS in ₹
Line item	Latest	Year ago	YoY	Prev qtr	QoQ
Revenue from operations	8,174.09	3,384.92	+141%	5,519.89	+48.1%
Total income	8,707.00	3,725.13	+134%	6,117.24	+42.3%
Profit before tax	902.62	(615.99)	—	(210.10)	—
Profit after tax	669.05	(468.61)	—	(165.29)	—
Total comprehensive income	680.76	(465.90)	—	(166.88)	—
Basic EPS	4.76	(3.34)	—	(1.18)	—

Total income YoY growth: Year ago 3,725.13 (+134%)
Profit after tax (latest): 669.05 millions; year ago (468.61); prev qtr (165.29)
Period: 30 September 2026 (Unaudited)

Also decided at the meeting

Re-appointed Mr. Pradeep Kumar Aggarwal as Chairman and Whole Time Director for 3 years w.e.f. 15th February, 2027, subject to Members' approval.
Re-appointed Mr. Lalit Kumar Aggarwal as Vice Chairman and Whole Time Director for 3 years w.e.f. 15th February, 2027, subject to Members' approval.
Re-appointed Mr. Ravi Aggarwal as Managing Director for 3 years w.e.f. 15th February, 2027, subject to Members' approval.
Re-appointed Mr. Devender Aggarwal as Joint Managing Director and Whole Time Director for 3 years w.e.f. 15th February, 2027, subject to Members' approval.

Auditor's review

Conclusion: Unmodified

Notes to the results

Note 5: In FY ended 31 March 2026, GCL became a joint venture with RMZ; realised gain of Rs. 532.20 million and remeasurement gain of Rs. 12,139.99 million shown as exceptional items.
Note 3: 87,500 listed secured NCDs aggregating Rs. 8,750.00 million issued to IFC at 11% p.a., redeemable in twelve quarterly instalments from 15 April 2026 to 15 January 2029.

What the board decided

Approved the unaudited financial results, both consolidated and standalone, for the quarter and half year ended 30 September 2026.
Approved re-appointment of four whole-time directors, each for a period of 3 (three) years with effect from 15 February 2027, liable to retire by rotation, subject to approval of Members:
Pradeep Kumar Aggarwal as Chairman and Whole Time Director
Lalit Kumar Aggarwal as Vice Chairman and Whole Time Director
Ravi Aggarwal as Managing Director
Devender Aggarwal as Joint Managing Director and Whole Time Director
The four directors confirmed they are not debarred from holding the office of Director by virtue of any SEBI Order or any other Authority.

Auditor's review conclusion

The statutory auditor, S N Dhawan & Co LLP, reviewed the unaudited consolidated results. Its conclusion is unmodified: nothing came to its attention that causes it to believe the statement has not disclosed the information required, or that it contains any material misstatement.

Consolidated results (Rs. in million)

Quarter ended 30 September 2026 compared with quarter ended 30 September 2025

Revenue from operations: 8,174.09 vs 3,384.92
Total income: 8,707.00 vs 3,725.13
Profit/(loss) before tax: 902.62 vs (615.99)
Net profit/(loss) for the period: 669.05 vs (468.61)
Basic earnings/(loss) per share: Rs. 4.76 vs (3.34)

Six months ended 30 September 2026 compared with six months ended 30 September 2025

Revenue from operations: 13,693.98 vs 12,041.61
Total income: 14,824.24 vs 12,708.65
Net profit/(loss) for the period: 503.76 vs (124.26)

Standalone results (Rs. in million)

Revenue from operations, quarter: 2,113.43 vs 2,587.86
Total income, quarter: 2,931.46 vs 3,112.61
Profit/(Loss) for the period, quarter: (268.48) vs (265.16)
Total income, six months: 5,874.09 vs 7,135.22
Profit/(Loss) for the period, six months: (523.15) vs (134.93)

Segment view

In the consolidated segment table, the Real estate segment revenue for the quarter was 8,090.30 (Rs. in million) against 3,246.83 a year earlier, and segment results for Real estate were 2,142.24 against 701.55.

Note on debt securities

87,500 rated, listed, secured, redeemable Non Convertible Debentures of face value Rs. 1,00,000 each, aggregating Rs. 8,750.00 million, were allotted on a private placement basis to International Finance Corporation. They carry interest of 11% per annum, payable quarterly, and are secured by a first ranking exclusive charge over specified assets. The Group is required to maintain, at all times, a minimum security cover equal to 1.50 times the outstanding principal amount and interest.

Joint venture note

Gurugram Commercity Limited is classified as a Joint Venture. A realised gain of Rs. 532.20 million was recognised as an 'exceptional item' in the consolidated financial results of the year ended 31 March 2026 on sale of a partial stake in a wholly owned subsidiary. The share of loss in joint venture was (2.27) for the quarter and (4.45) for the six months (Rs. in million).

What a retail investor may read here

The consolidated statement shows a profit for the quarter where a loss was reported a year earlier, while the standalone statement shows a loss for the quarter. The two differ because the consolidated numbers include subsidiaries and the joint venture. The director re-appointments take effect from 15 February 2027 and require shareholder approval.

₹13,693.98 MnConsolidated Revenue from operations, six months ended

Consolidated Revenue from operations₹8,174.09 Mn

Revenue from operations, quarter5,519.89 (Rs. in million)

Consolidated Revenue from operations, six months ended ₹13,693.98 Mn: Consolidated Revenue from operations ₹8,174.09 Mn, Revenue from operations, quarter 5,519.89 (Rs. in million).

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