Mumbai, April 9 -- On a sequential basis, pre-sales fell 24% from Rs 2,020 crore in Q3 FY26.

Collections during the quarter stood at Rs 910 crore, down 22% YoY and 26% QoQ. The area sold also declined to 0.99 million square feet, compared with 1.36 million square feet in the year-ago period and 1.44 million square feet in the previous quarter.

Despite the weak quarterly performance, the company's average sales realization for FY26 improved to Rs 15,250 per sq. ft., up from Rs 12,457 per sq. ft. in FY25, supported by higher sales in premium markets and price hikes across key regions.

For the full year, pre-sales stood at Rs 8,220 crore, down 20% YoY, while collections fell 9% YoY to Rs 4,000 crore. The company also reduced its debt sign...