IndustryLatest Stories

Signature Global Q1 FY27 pre-sales drop 25% to ₹1,970 crore

NEW DELHI: Signature Global recorded pre-sales of ₹1,970 crore in Q1 FY27, marking a 25% decline from ₹2,640 crore in Q1 FY26. The average sales realization rose to ₹17,093 per sq ft in Q1 FY27, up from ₹15,250 per sq ft in FY26. Collections amounted to ₹670 crore in Q1 FY27, compared to ₹930 crore in Q1 FY26. The company’s net debt increased to ₹390 crore at the end of Q1 FY27 from ₹200 crore at the close of FY26. As of June 30, 2026, it had cash and bank balances, including fixed deposits, of ₹2,522 crore. Chairman and whole-time…

IndustryLatest Stories

Signature Global records ₹2,640 crore pre-sales in Q1 FY26

Representative image created by AI NEW DELHI: Signatureglobal (India) reported pre-sales of ₹2,640 crore for Q1 FY26, down from ₹3,120 crore during the same period last year. The company experienced a notable increase in average sales realization, which rose by 31% year-on-year to ₹16,296 per sq ft in Q1 FY26, compared to ₹12,457 per sq ft in FY25. Pradeep Kumar Aggarwal, chairman and whole-time director, stated, “We expect strong sales momentum and are confident in achieving our annual targets across several metrics.” Collections for the quarter totaled ₹930 crore, lower than ₹1,210 crore in Q1 FY25. In terms of business…