Signature Global is targeting a 21.5% increase in sales bookings to Rs 12,500 crore for the current fiscal year, as it plans to launch multiple housing projects to capitalize on strong housing demand.
Rs 12,500 crore in sales bookings or pre-sales have been secured by the Gurugram company for the fiscal year 2025–2026, according to an investor presentation.
Signifying Global is planning a 20% rise in sales from FY25 to FY26 and wish to maintain it in the upcoming years.
The company booked Rs 10,290 crore in fiscal year 2024–2025, showing an increase of 42% compared to the previous year.
For the quarter that concluded in March, Signature Global witnessed consolidated net profit go up by 48% to Rs 61.12 crore.
Revenue for the company after removing all deductions for the previous year was Rs 41.25 crore.
The fourth quarter of the last fiscal year saw total income drop to Rs 570.43 crore, from the Rs 722.73 crore seen in the previous quarter.
The company saw its net profit grow from Rs 16.32 crore in the previous year to Rs 101.2 crore in the following year, reaching ten times the earning.
In the previous fiscal year, the company made Rs 2,637.99 crore in total income, up from the Rs 1,324.55 crore made in the previous year.
Pradeep Kumar Aggarwal, Chairman of Signature Global, offered the following assessment of the company's performance: "Pre-sales, revenue, collections, and profit after tax have all shown remarkable success in the fiscal year 2024–25. We surpassed our yearly goals.
According to him, the company has experienced notable growth as a result of its strategic focus on premium and mid-income segments as well as its ability to predict market trends.
"As the residential real estate sector in the country remains robust, we are optimistic about achieving double-digit growth in the current financial year," Aggarwal informed the audience.
Signature Global is a leading real estate developer in the country.
The company has developed numerous housing projects in Gurugram, and many more are currently under construction.
The company has delivered 13.5 million square feet of housing projects and has a strong pipeline of approximately 21.6 million square feet of saleable area in upcoming projects, as well as 46.38 million square feet of ongoing projects that are expected to be completed within the next 2-3 years.
