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What happened
Signature Global reported sales bookings of Rs 2,020 crore for the quarter ended December, down 27% from Rs 2,770 crore a year earlier. The company sold 408 units in the quarter, down from 1,518 units in the year-ago period, and sales area fell to 1.44 million sq ft from 2.49 million sq ft. For the first nine months of FY26, sales bookings fell 23% to Rs 6,680 crore from Rs 8,670 crore a year earlier. Chairman Pradeep Kumar Aggarwal said performance in the first nine months of FY26 was driven by sustained demand across focused micro-markets and said planned launches keep the company broadly aligned with its guidance.
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Key insights
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1
Festive-quarter strength did not prevent a decline: Real estate developers generally clock better sales bookings in October-December because of festive demand, but Signature Global’s sales bookings still fell in the quarter ended December.
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2
FY26 guidance implies a high near-term sales requirement: To meet its FY26 sales bookings guidance of Rs 12,500 crore, Signature Global will need nearly Rs 6,000 crore of sales bookings in the current quarter.
Takeaways
Signature Global reported lower sales bookings in the December quarter and a year-to-date decline in FY26 while maintaining guidance for higher full-year sales bookings.