+
TARC Reports Strong Q1FY26 Performance; Net Profit at Rs 1.54 Bn
Real Estate

TARC Reports Strong Q1FY26 Performance; Net Profit at Rs 1.54 Bn

TARC, a New Delhi–based luxury residential real estate developer, has announced its financial results for the quarter ended June 30, 2025, reporting a sharp turnaround in performance.
The company’s total income surged to Rs 12.95 billion in Q1FY26 from Rs 90.63 million in the same quarter last year. Net profit stood at Rs 1.54 billion, compared to a loss of Rs 300.53 million in Q1FY25.

Operational Highlights
  • Total cash inflow of Rs 14.55 billion from project sales and land acquisition receipts.
  • Applied for the Occupancy Certificate for its flagship project TARC Tripundra ahead of schedule, with deliveries set to commence this year.
  • Received regulatory approval for a key land parcel in Delhi.
Amar Sarin, Managing Director & CEO, TARC, said, “This year starts on a strong foundation built over the previous financial year. With TARC Tripundra scheduled for delivery, the Company will be recognising revenues and profits. The first quarter delivered improved profitability, supported by strong cash inflows. We are well-positioned to accelerate our launch pipeline and capitalise on momentum in the luxury residential market, guided by a customer-first approach, prudent capital allocation, and a commitment to long-term value creation for our shareholders.”

With India’s luxury housing segment gaining momentum amid rising aspirations and limited supply of premium inventory, TARC is poised to capitalise on this opportunity. The company’s growing portfolio in New Delhi and Gurugram, combined with its focus on quality and timely execution, ensures it remains a preferred choice for discerning homebuyers. TARC aims to continue delivering strong shareholder value through resilient cash flows, disciplined capital allocation, and sustained execution excellence.

TARC, a New Delhi–based luxury residential real estate developer, has announced its financial results for the quarter ended June 30, 2025, reporting a sharp turnaround in performance.The company’s total income surged to Rs 12.95 billion in Q1FY26 from Rs 90.63 million in the same quarter last year. Net profit stood at Rs 1.54 billion, compared to a loss of Rs 300.53 million in Q1FY25.Operational HighlightsTotal cash inflow of Rs 14.55 billion from project sales and land acquisition receipts.Applied for the Occupancy Certificate for its flagship project TARC Tripundra ahead of schedule, with deliveries set to commence this year.Received regulatory approval for a key land parcel in Delhi.Amar Sarin, Managing Director & CEO, TARC, said, “This year starts on a strong foundation built over the previous financial year. With TARC Tripundra scheduled for delivery, the Company will be recognising revenues and profits. The first quarter delivered improved profitability, supported by strong cash inflows. We are well-positioned to accelerate our launch pipeline and capitalise on momentum in the luxury residential market, guided by a customer-first approach, prudent capital allocation, and a commitment to long-term value creation for our shareholders.”With India’s luxury housing segment gaining momentum amid rising aspirations and limited supply of premium inventory, TARC is poised to capitalise on this opportunity. The company’s growing portfolio in New Delhi and Gurugram, combined with its focus on quality and timely execution, ensures it remains a preferred choice for discerning homebuyers. TARC aims to continue delivering strong shareholder value through resilient cash flows, disciplined capital allocation, and sustained execution excellence.

Next Story
Infrastructure Urban

GRM Overseas Reports Q1 FY26 Results; Strengthens Global & Domestic Presence

GRM Overseas has announced its unaudited financial results for the quarter ended 30 June 2025. The company reported a positive performance in terms of margins and profitability, despite topline pressures from global geopolitical challenges.Atul Garg, Managing Director, said:"We have maintained healthy margins and profitability while navigating short-term headwinds. Our focus remains on expanding our product portfolio, enhancing brand visibility, and deepening our distribution network. Internationally, we continue to hold a strong position in the Basmati rice export market, particularly in the ..

Next Story
Infrastructure Urban

Zuari Industries Posts Q1 FY26 Revenue Growth; PAT Turns Positive

Zuari Industries has announced its audited financial results for the quarter ended 30 June 2025.On a standalone basis, the company reported Revenue from Operations of Rs 2.10 billion and Operating EBITDA of Rs 220.4 million. Standalone Profit Before Tax (PBT), before exceptional items, stood at Rs 90 million.On a consolidated basis, Revenue rose 10.5 per cent year-on-year to Rs 2.67 billion, while Profit After Tax (PAT) stood at Rs 50 million compared to a loss of Rs 330.6 million in Q1 FY25.Segment HighlightsSugar, Power & Ethanol: Operations were impacted by an early mill closure due to ..

Next Story
Infrastructure Urban

Karnataka Bank Reports Q1 FY26 Net Profit of Rs 2.92 Bn

Karnataka Bank has announced a net profit of Rs 2.92 billion for the first quarter of FY26, compared to Rs 4 billion in Q1 FY25. The results were approved at the Board of Directors meeting held on 13 August 2025 at the Bank’s headquarters in Mangaluru.Asset Quality & Capital AdequacyGross NPA: 3.46 per cent, improved from 3.54 per cent in Q1 FY25.Net NPA: 1.44 per cent, down from 1.66 per cent in Q1 FY25.Capital Adequacy Ratio (CAR): 20.46 per cent, up from 17.64 per cent in Q1 FY25.Announcing the results, Raghavendra S Bhat, Managing Director & CEO, said:"The Bank has registered a m..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?