Year-on-year comparison: Q1FY26 pre-sales stood at ₹26.4 billion, indicating a 25% decline
Number of units sold: 226 units in Q1FY27 compared to 778 units in Q1FY26 (71% decrease) and 378 units in Q4FY26 (40% decrease)
Area sold: 0.72 million square feet in Q1FY27 compared to 1.62 million square feet in Q1FY26 (56% decrease) and 1.00 million square feet in Q4FY26 (28% decrease)
Company attributes strong commencement of FY27 to healthy projects pipeline, established brand strength, and continued trust of homebuyers
Sales Realization
Average sales realization increased to ₹17,093 per square foot in Q1FY27 from ₹15,250 per square foot in FY26
Increase primarily attributable to the launch of premium residential project "Tonino Lamborghini Residences" located on Southern Peripheral Road (SPR), Sector 71, Gurugram
Collections
Collections were ₹6.7 billion in Q1FY27
Comparative figures: ₹9.2 billion in Q4FY26 (27% decrease) and ₹9.3 billion in Q1FY26 (28% decrease)
Financial Position
Net debt stood at ₹3.9 billion at the end of Q1FY27 compared to ₹2.0 billion at the end of FY26
Cash & bank balances (including fixed deposits): ₹25.22 billion as of June 30, 2026
Company states this provides strong liquidity position and robust balance sheet to comfortably support foreseeable funding and operational requirements
Important Notes
All numbers are provisional and subject to audit
Figures related to pre-sales, number of units, area, and collections are net of cancellations
