Why did Signature Global's sales bookings fall in Q3 FY26?

Signature Global's sales bookings declined by 27% to ₹2,020 crore in Q3 FY26 due to lower housing sales and a softer market during the festive season.

How many units did Signature Global sell in Q3 FY26?

Signature Global sold 408 units in Q3 FY26, compared to 1,518 units sold in Q3 FY25.

What is Signature Global's outlook despite the sales drop?

Despite the recent dip, Signature Global maintains a positive outlook, driven by sustained demand and planned launches, aiming to match last year's sales levels.

Home / Business and Economy / Signature Global Sales Drop 27% Amid Market Softness

Signature Global Sales Drop 27% Amid Market Softness

12 Jan

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Summary

Sales bookings declined 27% year-on-year to ₹2,020 crore in Q3 FY26.
The company sold 408 units, a significant drop from 1,518 units last year.
A late December project launch may have impacted quarterly sales figures.

Signature Global Sales Drop 27% Amid Market Softness

Signature Global reported a 27% year-on-year decrease in sales bookings for the third quarter of FY26, amounting to ₹2,020 crore. This marks a significant downturn from the ₹2,770 crore recorded in the same period last fiscal year. The developer sold only 408 units during Q3 FY26, a stark contrast to the 1,518 units sold in Q3 FY25, indicating a considerable slowdown in housing sales volumes and areas.

Analysts and the company point to a generally softer market environment as a contributing factor. The late launch of their premium housing project, Sarvam DXP, on Dwarka Expressway in December is also cited as a potential reason for the reduced quarterly sales. For the first nine months of FY26, sales bookings moderated to ₹6,680 crore, a 23% decline from ₹8,670 crore in the prior-year period.

Despite missing its pre-sales guidance of ₹12,500 crore, Signature Global maintains a positive outlook. Chairman Pradeep Kumar Aggarwal highlighted sustained demand in focused micro-markets and encouraging customer interest in new projects. The company aims to maintain sales at last year's levels and is proceeding with planned launches, anticipating alignment with longer-term growth objectives.