Real estate developer Signatureglobal reported its third quarter business update over the weekend, posting a 27% year-on-year decline in pre sales, while remaining flat on a quarter-on-quarter basis at ₹2,020 crore.Area sold during the quarter fell 42% on-year but rose 7% sequentially to 1.44 million square feet.
Collections, however, remained strong, rising 14% year-on-year and 32% quarter-on-quarter to ₹1,230 crore.
The company’s net debt stood at ₹1,020 crore at the end of the first nine months of FY26.
Pradeep Kumar Aggarwal, Chairman and Whole Time Director of Signatureglobal, said the company delivered a healthy performance during the first nine months of FY26, driven by sustained demand across its focused micro markets.He added that the launch of its wellness centric premium project, Sarvam at DXP Estate on the Dwarka Expressway, saw encouraging customer response, reflecting evolving buyer preferences.
Collections, however, remained strong, rising 14% year-on-year and 32% quarter-on-quarter to ₹1,230 crore.
The company’s net debt stood at ₹1,020 crore at the end of the first nine months of FY26.
Pradeep Kumar Aggarwal, Chairman and Whole Time Director of Signatureglobal, said the company delivered a healthy performance during the first nine months of FY26, driven by sustained demand across its focused micro markets.He added that the launch of its wellness centric premium project, Sarvam at DXP Estate on the Dwarka Expressway, saw encouraging customer response, reflecting evolving buyer preferences.
Aggarwal further said that strong collections, improving realisations and disciplined balance sheet management underline the company’s execution strength.
Looking ahead, he said the current momentum and planned launches keep Signatureglobal broadly aligned with its guidance and support its longer term growth plans.
Shares of Signatureglobal (India) Ltd ended Friday’s session 0.95% higher at ₹1,001. The stock, however, is down 11% over the last five trading sessions.
