Embassy Developments' pre‑sales surged 272% to ₹3,225 crore, nudging the stock 0.6% higher to ₹57.55.
September‑quarter collections climbed 10% sequentially to ₹546 crore, up from ₹495 crore in the prior quarter, according to the filing.
The firm launched three projects with a gross development value of ₹7,500 crore in Q2, 39% of the FY 2027 guidance, Embassy said.
Embassy Origins Riverine (Bengaluru) GDV ₹2,500 crore logged inventory sales of ₹933 crore within two weeks of launch. Embassy Origins South Reserve (Bengaluru) GDV ₹1,950 crore achieved ₹880 crore sales in the same period. Embassy Terrazo (Juhu, Mumbai) GDV ₹3,050 crore recorded a single transaction of ₹711 crore, the largest in India, with total sales of ₹758 crore.
The real‑estate sector has seen uneven momentum, with several developers reporting slower growth. Embassy's aggressive launch strategy has propelled its pre‑sales higher than many peers.
The company plans to continue project launches to meet the FY 2027 target, with guidance for Q3 expected in the upcoming earnings release on November 15. Investors will monitor the next update for a clearer view of profitability.