The number of units sold by the company during the quarter declined by 71% year-on-year to 226 from 778 last year and was also 30% lower than the 378 units it sold during the March quarter.
Area sold also fell to 0.72 million square feet in the June quarter from 1.62 million square feet last year, and 28% lower than March quarter’s 1 million square feet.Signatureglobal India’s average sales realisation increased to ₹17,093 per square feet in the first quarter from ₹15,250 per square feet in the same quarter last year.
The company’s collections declined by 28% to ₹670 crore in the June quarter, down from the previous year’s ₹930 crore and was down 27% from the previous quarter’s ₹920 crore.
The company’s net debt increased to ₹390 crore in the first quarter from ₹200 crore at the end of the financial year 2026.
Signatureglobal India highlighted that the first phase of its Tonino Lamborghini Residences project in Gurugram received a strong market response. The project is developed in collaboration with the Italian brand Tonino Lamborghini and it marks the brand’s entry into the Indian real estate market, the company said.
Signatureglobal India’s management added that it maintained its cash and bank balances, including fixed deposits, of ₹2,522 crore at the end of the financial year 2026.
Shares of Signatureglobal India gained 2.2% on Wednesday to ₹841.5. The stock is up 6.7% over the last one month and is down 25% so far this year.
Also Read: Biocon Bull vs Bear: Bernstein sees downside, DAM Capital says overhang gone
