Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations

Audit Opinion:

Unmodified limited review report issued by statutory auditors on both standalone and consolidated financial results.

Key Financial Highlights [₹ in Lakhs]:

Consolidated Results:

Revenue from Operations: 21,712.59 (Q1 FY27) vs 7,589.48 (Q1 FY26) - 186% increase YoY

Total Income: 21,871.05 (Q1 FY27) vs 29,536.61 (Q1 FY26) - 26% decrease YoY

Net Profit: 2,264.57 (Q1 FY27) vs 5,421.41 (Q1 FY26) - 58% decrease YoY

EPS: Basic and Diluted ₹0.77 (Q1 FY27) vs ₹1.84 (Q1 FY26)

Other Equity: Not specified for current quarter

Debt Equity Ratio (Gross): 1.67 (Q1 FY27) vs 1.80 (Q1 FY26)

Current Ratio: 1.37 (Q1 FY27) vs 1.34 (Q1 FY26)

Standalone Results:

Revenue from Operations: 1,059.00 (Q1 FY27) vs 0 (Q1 FY26)

Total Income: 1,230.21 (Q1 FY27) vs 115.14 (Q1 FY26)

Net Loss: (2,446.96) (Q1 FY27) vs (13,743.52) (Q1 FY26) - 82% improvement YoY

EPS: Basic and Diluted (₹0.83) (Q1 FY27) vs (₹4.66) (Q1 FY26)

Other Equity: 1,07,072.57 (Q1 FY27) vs 1,12,356.09 (Q1 FY26)

Debt Equity Ratio (Gross): 0.73 (Q1 FY27) vs 0.77 (Q1 FY26)

Current Ratio: 1.41 (Q1 FY27) vs 1.10 (Q1 FY26)

Segment-wise Performance:

The company operates in a single business segment, i.e., Real estate business. Accordingly, there are no additional disclosures for operating segments.

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.

Other Significant Information:

1. Approved amendment to Redemption Schedule of Debenture Trust Deed for Non-convertible Debentures (ISIN INE0EK907050):

  • March 31, 2030 redemption amount revised from ₹442.24 crores to ₹444.71 crores
  • All other redemption amounts remain unchanged

2. Approved acquisition of 25,000 equity shares (remaining 50% stake) in Niblic Greens Hospitality Private Limited for ₹55 lakhs. Upon completion, Niblic will become wholly owned subsidiary.

  • Niblic registered office: E-4, Defence Colony, New Delhi - 110024
  • Authorized Share Capital: ₹10.00 lakhs, Paid up Share Capital: ₹5.00 lakhs
  • Industry: Tourism and accommodation sector
  • Last 3 years turnover: Nil
  • Transaction falls within related party transactions at arm's length
  • Completion timeline: On or before March 31, 2027

3. Approved notice convening 10th Annual General Meeting on Saturday, September 19, 2026 at 11:00 A.M. (IST) through Video Conferencing/Other Audio Visual Means.

Entities in Consolidation:

The consolidation includes:

  • 1 Parent Company: TARC Limited
  • 35 Subsidiary Companies
  • 16 Step-down Subsidiary Companies
  • 1 Partnership Firm: Ganga Bishan & Co.
  • 2 Limited Liability Partnership firms
  • 1 Associate Company: Niblic Greens Hospitality Private Limited