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Signature Global Secured Rs 86.7 Bn In 9M FY25 Pre-Sales

Signature Global Secured Rs 86.7 Bn In 9M FY25 Pre-Sales

BY Realty+
Published - Wednesday, 08 Jan, 2025
Signature Global Secured Rs 86.7 Bn In 9M FY25 Pre-Sales

Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leading real estate development companies in India with a well-established brand in Delhi- NCR, has reported its best-ever 9M FY25 pre-sales with INR 86.7 billion, reflecting an impressive 178% growth year-on-year. With these pre-sales’ performances, the company has achieved 87% of its sales guidance of INR 100 billion 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 development project, strategically located on NH-48.

The 9M FY25 collections amounted to INR 32.1 billion, a 54% increase against 9M FY24, The Company’s collections in Q3 FY25 recorded at INR 10.8 billion, the best ever till now. Net debt reduced to INR 7.2 billion in 9M FY25 in comparison to INR 11.6 billion at the end of FY24 reflects strong operating surplus and liquidity of company.

Commenting on the company’s performance, Pradeep Kumar Aggarwal, Chairman and Whole- Time Director, 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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