Real estate developer Signature Global (India) Ltd reported a decline in pre-sales and area sold for the September quarter (Q2 FY26), even as collections remained stable.

Pre-sales stood at ₹20.1 billion, down 28% year-on-year and 24% sequentially, while the area sold fell 44% YoY and 17% QoQ to 1.34 million sq. ft.

However, collections were up 2% YoY and 1% QoQ at ₹9.4 billion.

During the quarter, the average sales realisation rose to ₹15,000 per sq. ft., compared with ₹12,457 per sq. ft. in FY25, reflecting higher pricing and improved product mix.

The company’s net debt increased marginally to ₹9.7 billion, primarily due to the acquisition of 33.47 acres of land in Sohna, which has a development potential of 1.76 million sq. ft.

Commenting on the results, Pradeep Kumar Aggarwal,

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