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

13 Aug 2025 CW Team

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.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..