The company had earlier guided for full-year pre-sales of Rs 12,700 crore, a target it had described as comfortable just a few months ago. However, in a regulatory filing, Signature Global said it will now attempt to keep sales broadly in line with last year’s levels, while noting that project launches remain on schedule.
In its business update for the October–December quarter, Signature Global reported pre-sales of Rs 2,020 crore, down 27% from Rs 2,770 crore in the same quarter last year.
For the first nine months of the financial year, cumulative pre-sales stood at Rs 6,680 crore, a decline of 23% compared with Rs 8,670 crore recorded during the corresponding period of financial year 2025. For the full financial year 2025, the company had reported pre-sales of Rs 10,290 crore.
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Despite weaker sales volumes, average realisations improved. During the first nine months of the year, average sales realisations rose 22% year-on-year to Rs 15,182 per square feet from Rs 12,457 per square feet a year earlier. The company attributed the improvement to higher sales in premium markets and price hikes across key regions.
Collections during the December quarter increased to Rs 1,230 crore from Rs 1,080 crore in the year-ago period. However, collections for the first nine months declined to Rs 3,090 crore from Rs 3,210 crore last year. Signature Global said it remains more confident about meeting its collection guidance than its pre-sales targets, as collections continue to show improvement.As of the end of the first nine months of the year, the company’s net debt stood at Rs 1,020 crore, compared with Rs 880 crore at the end of financial year 2025. Signature Global said its balance sheet remains healthy and that improving collections should help it return to a growth trajectory in the near future.
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