Signature Global's net debt nearly doubled to Rs 390 crore in Q1, with sales bookings declining 25% to Rs 1,970 crore due to lower volumes, despite an increase in average sales realization as the company focuses on luxury homes. The company aims for Rs 10,000 crore in pre-sales this fiscal year and has reported a significant drop in units sold compared to the previous year, while also highlighting strong cash reserves for future growth.

Signature Global reported Q1 FY27 pre-sales of 1,970 crore, a 25% increase QoQ but a 25% decrease YoY, driven by the launch of Tonino Lamborghini Residences. The company experienced a decline in collections and unit sales, but improved average sales realization and a strong cash position of 2,522 crore. The Chairman emphasized the company's commitment to aligning projects with homebuyer aspirations and creating long-term value, while the development pipeline remains robust with significant upcoming projects.