Financial Highlights (Consolidated Basis)
H1 FY2027 Performance:
- Total Income: ₹352.78 crore
- Profit After Tax (PAT): ₹27 crore
Q2 FY2027 Performance:
- Total Income: ₹134.07 crore (compared to ₹34.10 crore in Q2 FY2026)
- Profit After Tax (PAT): ₹14.05 crore (compared to loss of ₹15.63 crore in Q2 FY2026)
Operational Highlights
Sales and Collections:
- Half-yearly presales: ₹955 crore, representing 69% year-on-year growth
- Collections during first-half: ₹462 crore, registering 27% year-on-year growth
- Collections supported by customer conversions and continued collection efficiency
Project Performance:
- TARC Kailasa and TARC Ishva continue to receive encouraging customer response
- TARC Tripundra is progressing through the revenue recognition phase
Development Pipeline:
- Company is advancing next generation of luxury and ultra-luxury developments
- Planning, design and preparatory work progressing towards market introduction
- Collaborations with internationally acclaimed architects, designers and consultants
- Key preparatory milestones advancing towards bringing development pipeline to fruition
Management Commentary
Mr. Amar Sarin, Managing Director & CEO, commented on H1 FY2027 performance:
"H1 FY2027 marks an important phase in TARC's growth journey, reflecting a meaningful strengthening of our financial and operational performance. Our existing developments, TARC Kailasa and TARC Ishva, continue to attract encouraging customer interest, while our focus remains firmly on execution, customer experience and efficient capital deployment. With TARC Tripundra progressing through the revenue recognition phase, the Company is increasingly realising the financial value of its development portfolio, strengthening its earnings profile and demonstrating the contribution of project execution to financial performance.
Equally significant is the progress on our upcoming development pipeline. We are advancing towards the introduction of our next generation of Luxury and ultra-Luxury residential developments, supported by collaborations with internationally acclaimed architects, designers and consultants. The planning and preparatory work across these developments has progressed meaningfully, bringing us closer than ever to taking our next phase of growth to market.
As we look ahead, our priorities remain centred on accelerating project execution, strengthening financial performance, unlocking value from our development portfolio and bringing our upcoming projects to market. We remain confident in our strategy and committed to creating distinctive Luxury residential developments while delivering sustainable long-term value for our stakeholders."
Company Background
TARC Limited (NSE: TARC, BSE: 543249) is headquartered in New Delhi and operates as a luxury real estate developer focused on luxurious residential developments in New Delhi and Gurugram. The company is backed by a robust portfolio of prime land parcels and strategic financial collaborations.
Forward-Looking Statements Disclosure
The document contains forward-looking statements concerning TARC's future business prospects and profitability, which are subject to risks and uncertainties including but not limited to: earnings fluctuations, ability to manage growth, competition, economic growth in India, ability to attract & retain highly skilled professionals, time & cost overruns on contracts, government policies and actions related to investments, regulation & policies, interest & other fiscal policies generally prevailing in the economy. The Company does not undertake to make any announcements in case any of these forward-looking statements become incorrect in future.