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Signature Global shares gain 4.5% after Q4 sales bookings jump 240%

Signature Global achieved record pre-sales and collections in Q4 and FY24, surpassing guidance. Sales realization increased to ₹11,762 per sq. ft in FY24 compared to ₹7,886 per sq. ft in FY23. In terms of volume, the company sold 2.98 million square feet as opposed to 1.41 million square feet.

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Signature global reports Rs 7,270 crore pre-sales in FY24

Company reported Rs 4,140 crore pre-sales in Q4 FY 24, with year on year growth rates of 240% for the fourth quarter and 112% for the full year. Company has significantly exceeded its guidance of Rs 4,500 crore in FY24, due to successful launch of its first ever premium housing project.

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Signature Global's Q4 sales bookings touch ₹4,140 crore; FY24 pre-sales grow 112% to ₹7270 crore

Signature Global's sales realization for the FY24 averaged ₹11,762 per sq ft compared to ₹7,886 per sq ft in FY23

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Signature Global's sales bookings touches Rs 4,140 crore in Q4 FY24, ET RealEstate

Signature Global: In a regulatory filing, the company informed that it clocked record sales bookings in the fourth quarter as well as in the full 2023-24 that saw sales more than doubling to Rs 7,270 crore from the previous year.

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The Economic Times Real Estate Conclave 2024: Luxury & sustainable real estate takes center stage at The Economic Times Real Estate Conclave & Awards 2024, ET RealEstate

The Economic Times Real Estate Conclave 2024: The Economic Times Real Estate Conclave & Awards 2024 held in Taj Santacruz, Mumbai on February 23, 2024 witnesses gathering of top real estate stakeholders sharing their views on some of the pertinent issues of the Indian real estate sector.

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Signature Global to exceed FY24 pre-sale guidance of Rs 4,500 crore

The Gurugram-focused company has also inked three joint development agreements (JDAs) with total sales potential of more than Rs 9,000 crore, which it plans to launch in the next 12-18 months, Aggarwal told ET. The company recorded Rs 3,100 crore pre-sales in the first nine months of FY24. Signature Global has acquired a land parcel each in Sector 71 and Sector 37D, Gurugram, where it plans to launch projects by March-end.

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Signature Global posts Rs 2.17 crore net profit in December quarter

Total income rose to Rs 301.75 crore in the third quarter of this fiscal from Rs 191.78 crore in the corresponding period of the previous year, according to a regulatory filing on Friday.

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Latest News | Signature Global Posts Rs 2.17 Crore Net Profit in December Quarter; Income Rises to Rs 301 Crore

Get latest articles and stories on Latest News at LatestLY. Realty firm Signature Global has posted a consolidated net profit of Rs 2.17 crore in the quarter ended December on higher income.
Latest News | Signature Global Posts Rs 2.17 Crore Net Profit in December Quarter; Income Rises to Rs 301 Crore.

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Signature Global posts Rs 2.17 crore net profit in December quarter; income rises to Rs 301 crore

Signature Global posts Rs 2.17 crore net profit in December quarter; income rises to Rs 301 crore
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