Signature Global shares rise nearly 3% as Q3 pre-sales surge 120%, collections grow 40% YoY

Signature Global (India) Limited, a leading real estate developer, saw its shares climb by almost 3% today following the announcement of its robust operational performance for Q3 FY25. The company reported significant growth in pre-sales and collections, reinforcing its position as a key player in the real estate sector.

Key Highlights:

• Q3 Pre-Sales: ₹3,310 crore, reflecting a remarkable 120% year-on-year growth.
• Collections: ₹1,080 crore for the quarter, up 40% YoY.
• 9M FY25 Pre-Sales: ₹8,670 crore, achieving 87% of the FY25 guidance of ₹10,000 crore.
• Net Debt: Reduced to ₹720 crore from ₹1,160 crore at the end of FY24.

The company attributed this growth to the successful launch of key projects, including ‘Daxin Vistas’ in Sohna and premium housing projects like ‘Titanium SPR’ and ‘Twin Tower DXP’ in Gurugram. The strategically located ‘City of Colors’ on NH-48 also contributed significantly to sales.

Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, remarked, “This performance underscores our dedication to providing value-driven housing solutions. The trust of our customers and the relentless efforts of our team have been instrumental in achieving these milestones. We are committed to aligning with market trends and creating sustained value for our stakeholders.”