Signature Global cuts net debt by 29% and sees sales surge as real estate market improves.
Real estate firm Signature Global has reduced its net debt by 29% to Rs 720 crore in the October-December quarter, thanks to strong sales and customer payments, which rose 54% to Rs 3,210 crore. Property sales reached Rs 8,670 crore from April to December, up from Rs 3,120 crore last year. The company aims for Rs 10,000 crore in sales this fiscal year and has a pipeline of 350 lakh sq ft of upcoming projects.
2 months ago
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