TARC Limited has announced its financial results for the first quarter of FY2027, ending June 30, 2026. The company reported a total income of ₹218.71 crore, with EBITDA reaching ₹41.76 crore. Profit After Tax (PAT) for the quarter stood at ₹22.64 crore, indicating a strong recovery from the previous quarter. The company also highlighted robust operational performance, including strong quarterly presales and collections.
TARC Limited Reports Strong Q1 FY2027 Financials
TARC Limited, a leading luxury real estate developer, announced its financial results for the quarter ended June 30, 2026 (Q1 FY2027). The company has demonstrated a strong start to the fiscal year, driven by revenue recognition from its TARC Tripundra project, robust sales momentum, and healthy business cash flows.
Key Financial Highlights (Consolidated Basis)
- Total Income: Stood at ₹218.71 crore, reflecting continued revenue recognition from TARC Tripundra.
- EBITDA: Reached ₹41.76 crore, marking a significant improvement from ₹1.05 crore in Q4 FY2026.
- Profit After Tax (PAT): Reported at ₹22.64 crore, showing a strong quarter-over-quarter recovery from ₹1.61 crore in Q4 FY2026.
Operational Performance
The company’s operational highlights for the quarter were also positive:
- Quarterly Presales: Reached ₹602 crore, a substantial 3x year-on-year growth.
- Collections: Amounted to ₹305 crore, an 80% increase year-on-year, supported by healthy customer conversions and strong collection efficiency.
- New Inventory: The launch of new inventory at TARC Kailasa and Ishvara received a strong response from customers.
- Construction Progress: Construction continues to advance across ongoing developments, with key milestones being achieved. The company is also progressing with its next generation of luxury developments.
Management Commentary
Commenting on the performance, Mr. Amar Sarin, Managing Director & CEO, TARC Limited, stated, “The revenue recognition from TARC Tripundra, coupled with strong cashflows during the quarter, strengthens the Company’s earnings profile and enhances visibility on its financial performance. FY2026 Consolidated revenue stood at ₹218.7 crore, with PAT of ₹22.64 crore, reflecting the growing contribution from our development portfolio and the strength of our underlying business model.” He further added that the company remains focused on advancing its ultra-luxury developments and setting new benchmarks in luxury residential living.
Source: BSE
