Signatureglobal (India) Ltd Achieves INR 31.2 Billion in Pre-sales for Q1FY25, Collections Up by 102%

Signatureglobal (India) Ltd, a leading real estate development company in India, announced impressive financial results for Q1FY25. The company reported a significant increase in pre-sales, collections, and sales realization. Pre-sales grew by 255% to INR 31.2 billion, collections rose by 102% to INR 12.1 billion, and sales realization was up at INR 15,369 per sq. ft. Net debt decreased by INR 1.8 billion, bringing it down to INR 9.8 billion. The company successfully entered the premium housing market and achieved more than 30% of its FY25 guidance in Q1 FY25.