Real estate developer Signature Global (India) Limited has reported a 28 per cent drop in pre-sales in the September quarter of the current financial year (Q2 FY26).
The company reported pre-sales of Rs 20.1 billion, which is 28 per cent lower than the same period previous fiscal and down 24 per cent compared to the previous quarter, according to its stock exchange filing.
The total area sold also declined, falling 44 per cent year-on-year (YoY) and 17 per cent quarter-on-quarter (QoQ) to 1.34 million sq. ft, the company informed in its 'Key Operational Updates for Q2 FY26’.
Despite the decline in sales volume, collections improved slightly. The company collected Rs 9.4 billion during the quarter, up 2 per cent from previous financial year and 1 per cent from the last quarter.
The aver