Mumbai, July 12 -- Sales performance during the quarter was affected by sector-wide regulatory challenges, leading to delays in project launches, including certain key projects of Ajmera Realty.

The carpet area sold fell 52% to 63,244 square foot in Q1 FY26 from 1,30,801 square foot in Q1 FY25.

Collection jumped 42% YoY to Rs 234 crore in Q1 FY26, underscoring strong cash flow realization from existing projects.

Dhaval Ajmera, director - Corporate Affairs, said "Our Q1 FY26 results reflect both strengths and sector-wide regulatory challenges. We are pleased with the robust 42% YoY growth in collections to Rs 234 crores, demonstrating our operational efficiency and project execution. However, the lack of necessary approvals led to delay...