Operational Performance
Presales:
- Quarterly presales stood at ₹602 crore.
- This represents a 3x (three-fold) increase year-on-year (YoY).
Collections:
- Collections for the quarter stood at ₹305 crore.
- This represents an 80% growth year-on-year (YoY).
- This performance is attributed to solid customer conversions and collection efficiency, resulting in strong cash flow visibility.
Business and Project Update
The company continues to witness tenacious demand across its luxury developments, which it attributes to differentiated product offerings, disciplined execution, and promising customer traction.
- The Company continues to progress construction across its ongoing developments.
- It is also advancing further on the design and planning of its upcoming luxury and ultra-luxury pipeline.
Management Commentary
Mr. Amar Sarin, Managing Director & CEO of TARC Limited, commented:
- The Company has commenced FY2027 on a strong note, with excellent sales momentum and collections.
- This performance reflects strong demand for differentiated, luxury, curated residences.
- The company remains focused on execution excellence, customer experience, and disciplined capital allocation.
- It is advancing its next phase of luxury and ultra-luxury developments.
- With a robust portfolio of ongoing projects and a strong upcoming launch pipeline, the company remains well positioned to deliver long-term growth.
Company Background
TARC Limited is focused on the development of luxurious residential developments in New Delhi and Gurugram. The company states it is backed by a robust portfolio of prime land parcels and strategic financial collaborations.
Disclaimer
The document contains a standard forward-looking statement disclaimer, noting that actual results could differ materially due to risks including earnings fluctuations, growth management, competition, economic conditions, government policies, and interest rates. The company does not undertake to update any forward-looking statements.