Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leading real estate development companies in India, reported pre-sales of INR 59.0 billion in H1FY25 and 184% YoY to INR 27.8 billion in Q2FY25. During H1’FY25, strong pre-sales performance is driven by the successful launch of Group housing project Titanium SPR for INR 30 Bn & Township projects DAXIN Vistas on Sohna Corridor for INR 23 Bn.
The Company’s collections grew by 60% to INR 21.3 billion in H1FY25. Along with the spike in pre-sales, the company also registers the growth in revenue of 342% YoY to INR 11.5 billion for H1FY25, on account of completion of more projects which have started reflecting in the P&L account and is expected to further strengthen the financial statements.
Net debt was reduced to INR 10.1 billion at the end of H1FY25 in comparison to INR 11.6 billion at the end of FY24.
Commenting on the company’s performance, Pradeep Kumar Aggarwal, Chairman and Whole- Time Director, said, “The real estate market in the Delhi NCR region, particularly in Gurugram, continues to exhibit solid fundamentals, supported by resilient end-user demand, positive market sentiment, and significant infrastructure development. The strong response to our recent launches in Gurugram underscores the rising demand for quality homes within thoughtfully planned communities.Looking ahead, we remain focused on enhancing operational efficiency, strengthening our financial foundation, and delivering sustained value for all stakeholders. With Gurugram’s expanding infrastructure and ongoing urbanization across the NCR, we see promising opportunities for established developers to meet evolving housing needs while maintaining a disciplined financial approach."
