Signature Global’s second quarter net loss at Rs 19.92 crore
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In the information given to the stock market, Signature Global said that the total income declined to Rs 121.16 crore in the July-September period of the financial year 2023-24. It was Rs 135.68 crore in the same period last year.
Real estate company Signature Global’s consolidated net loss in the second (July-September) quarter of the current financial year 2023-24 stood at Rs 19.92 crore. The company’s net loss in the same period last year was Rs 59.25 crore.
In the information given to the stock market, Signature Global said that the total income declined to Rs 121.16 crore in the July-September period of the financial year 2023-24. It was Rs 135.68 crore in the same period last year.
Total expenses declined to Rs 144.84 crore in the second quarter from Rs 223.33 crore in the same period a year ago. Signature Global also announced the signing of a definitive agreement to acquire 100 per cent stake in Gurugram Commerce Pvt Ltd (GCPL). Gurugram Commerce Pvt Ltd owns 25.14 acres of land in Sector 71 Gurugram. The enterprise value of GCPL is Rs 495 crore.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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