New Delhi, February 11th, 2025: Signature Global (BSE: 543990 | NSE: SIGNATURE), one of India’s leading real estate development companies, reported strong pre-sales of INR 128.10 billion in Calendar Year 2024, along with robust key metrics in 9M FY25 and Q3 FY25. The company achieved significant revenue growth and profitability, with revenue from operations surging 260% YoY to INR 19.8 billion, driven by increased project completions and strong execution.
The Company’s collections grew to INR 10.8 billion in Q3FY25. Along with the spike in pre-sales, the company also registered revenue growth of 196% YoY to INR 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 INR 7.4 billion at the end of 9MFY25 in comparison to INR 11.6 billion at the end of FY24.
Below are the operational highlights for the Third quarter ended December 31, 2024.
Commenting on the company’s performance, Mr 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 INR 86.7 billion, driven by successful launches across segments, demonstrates 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”
