News
Signature Global Achieves Best 9-Month Pre-Sales of ₹86.7 Bn, YoY Growth 178%
New Delhi, January 7, 2025: Real estate development company Signature Global has reported its best-ever 9M FY25 pre-sales with ₹86.7 billion (₹8,670 crore), reflecting an impressive 178 per cent growth year-on-year. With these pre-sales’ performances, the company has achieved 87 per cent of its sales guidance of ₹100 billion (₹10,000 crore) for FY25. A significant portion of the pre-sales during 9MFY25 recorded from the successful launch of ‘Daxin Vistas,’ a mid-income housing project in Sohna; ‘Titanium SPR’ and ‘Twin Tower DXP,’ premium group housing projects in Gurugram; and ‘City of Colors,’ a plotted project on NH-48.
The 9M FY25 collections amounted to ₹32.1 billion (₹3,210 crore), a 54 per cent increase against 9M FY24, The Company’s collections in Q3 FY25 recorded at ₹10.8 billion (₹1,080 crore), the best ever till now. Net debt reduced to ₹7.2 billion (₹720 crore) in 9M FY25 in comparison to ₹11.6 billion (₹1,160 crore) at the end of FY24 reflects strong operating surplus and liquidity of company.
Commenting on the company’s performance, Chairman and Whole- Time Director Pradeep Kumar Aggarwal said: “This performance reflects the consistent efforts of our team and the trust of our customers. By aligning our strategy with market trends and focusing on delivering value through premium and mid-range housing, we have reached another important milestone.
“The strong demand during the festive season underscores the appeal of our carefully designed projects. Moving forward, we remain committed to refining our offerings to meet the evolving needs of homebuyers. With this momentum, Signature Global is well-positioned to seize new opportunities, reinforce its market presence, and continue creating lasting value for our stakeholders”
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