Signature Global achieves record FY25 pre-sales, surpasses guidance

SIGNATUREGLOBAL (INDIA) (BSE: SIGNATURE) announced record operational performance for FY25, marked by a significant increase in pre-sales and collections. Pre-sales reached INR 16.2 billion for Q4 FY25, culminating in the company's best-ever annual pre-sales of INR 102.9 billion, a 42% year-on-year growth that exceeded the company's guidance. This achievement was supported by launching five new projects in Gurugram and surrounding areas, representing a potential gross development value of approximately INR 138.1 billion. Average sales realization for FY25 stood at INR 12,457 per sq. ft., compared to INR 11,762 per sq. ft. in FY24. The company's annual collections also reached a record INR 43.8 billion, reflecting a 41% year-on-year increase. Despite investing in business development, net debt reduced to INR 8.8 billion by the end of FY25, compared to INR 11.6 billion the prior year. The company acquired 47.71 acres of land. The launches that were scheduled for March 2025 have been delayed to the current quarter due to approval issues.