Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leading real estate development companies in India with a well-established brand in Delhi-NCR, today reported a healthy set of pre-sales numbers. The pre-sales during Q1FY26 stood at INR 26.4 billion. The launch of 'Cloverdale SPR', a premium residential project located on Southern Peripheral Road (SPR), Sector 71, Gurugram contributed to the healthy set of pre-sales numbers.
During the quarter, the Average Sales realization stood at INR 16,296 per sq. ft. in Q1FY26 as against INR 12,457 per sq. ft. in FY25
The collections during Q1 FY26 stood at INR 9.3 billion, while the net debt stood at INR 8.9 billion.
During Q1FY26, the Company acquired about 10 acres of land in its key in micro markets of Sohna. The development potential of land is approximately 0.53 mn sqft.
Our net debt stood at INR 8.9 bn at the end of Q1FY26 in comparison to INR 8.8 bn at the end of FY25.
Commenting on the company's performance, Mr. Pradeep Kumar Aggarwal, Chairman and Whole- Time Director, said, "The momentum of FY25 continued even in the first quarter. On each of the parameters - pre-sales, collections, net debt, and average sales realization, the company performed as per the expectations. We anticipate strong sales momentum going forward and are extremely confident in meeting our annual guidance on various parameters."
Shares of Signatureglobal India Limited was last trading in BSE at Rs. 1241.20 as compared to the previous close of Rs. 1234.45. The total number of shares traded during the day was 19821 in over 657 trades.
The stock hit an intraday high of Rs. 1246.00 and intraday low of 1230.35. The net turnover during the day was Rs. 24594222.00.