Signature Global, one of India's leading real estate development companies, reported strong pre-sales of Rs. 128.10 billion in Calendar Year 2024, along with robust key metrics in 9 million FY25 and Q3 FY25. The company achieved significant revenue growth and profitability, with revenue from operations surging 260% YoY to Rs. 19.8 billion, driven by increased project completions and strong execution.
The Company’s collections grew to Rs. 10.8 billion in Q3FY25. Along with the spike in pre-sales, the company also registered revenue growth of 196% YoY to Rs. 8.3 billion for Q3FY25, which have started reflecting in the P&L account and are expected to strengthen the financial statements further.
Net debt was reduced to Rs. 7.4 billion at the end of 9MFY25 in comparison to Rs. 11.6 billion at the end of FY24.
Commenting on the company’s performance, Pradeep Kumar Aggarwal, Chairman and Whole- Time Director, said, "Our robust performance in 9M FY25, marked by strong revenue growth and achievement of profitability, reflects the success of our strategic initiatives and execution capabilities. The remarkable pre-sales of Rs. 86.7 billion, driven by successful launches across segments, demonstrate the strong market acceptance of our products and the growing preference for quality housing in Delhi NCR.
The sustained improvement in our financial metrics, including strengthened collections and significant debt reduction, underscores our commitment to maintaining operational excellence while pursuing growth. Our strategic presence in high-potential micro-markets along the Dwarka Expressway, Sohna corridor and Southern Peripheral Road, supported by ongoing infrastructure development, positions us well to capitalize on the evolving market opportunities. As we move forward, we remain focused on maintaining this growth momentum while ensuring value creation for all stakeholders”
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