+
TARC Reports FY2026 Results With Strong Operational Progress
ECONOMY & POLICY

TARC Reports FY2026 Results With Strong Operational Progress

Company reported consolidated total income for FY2026 of Rs 6,717.8 million (mn), up from Rs 1,388.9 mn in FY2025. It said Q4 revenue reached Rs 13,000.2 mn and EBITDA for the year rose to Rs 775.1 mn from a negative Rs 1,277.7 mn in the prior year. The company reported profit after tax of Rs 190.3 mn compared with a net loss of Rs 2,312.9 mn a year earlier.

Operationally, the commencement of customer handovers at TARC Tripundra marked a key milestone and revenue recognition began during the quarter, with project level gross margin of 45 per cent expected to flow through to consolidated financials. Tripundra has a total gross development value of about Rs 10.0 billion (bn). The report said TARC Kailasa showed strong customer engagement after the launch of premium inventory and the experience centre and sample residence became operational, with project GDV at around Rs 44.0 bn.

TARC Ishva expanded its footprint with the unveiling of Ishvara, the sixth and tallest tower, increasing project GDV to about Rs 36.0 bn. The company indicated that design finalisation continues across a sizeable pipeline of ultra-luxury developments in Delhi and Gurugram. Management highlighted sustained sales momentum, strong business cashflows and continued expansion of the luxury development pipeline as drivers of the recovery.

The managing director and chief executive officer noted that revenue recognition at Tripundra represents a strategic inflection point that strengthens profitability and visibility, and said the company will focus on disciplined execution, phased launches and expansion of its luxury and ultra-luxury portfolio. The release described the market backdrop as supportive because of constrained supply of high-quality developments, rising buyer preference for amenity-led community living and long-term economic growth in India. The company reiterated commitment to design-led development, prudent capital allocation and strategic expansion across Delhi and Gurugram.

Company reported consolidated total income for FY2026 of Rs 6,717.8 million (mn), up from Rs 1,388.9 mn in FY2025. It said Q4 revenue reached Rs 13,000.2 mn and EBITDA for the year rose to Rs 775.1 mn from a negative Rs 1,277.7 mn in the prior year. The company reported profit after tax of Rs 190.3 mn compared with a net loss of Rs 2,312.9 mn a year earlier. Operationally, the commencement of customer handovers at TARC Tripundra marked a key milestone and revenue recognition began during the quarter, with project level gross margin of 45 per cent expected to flow through to consolidated financials. Tripundra has a total gross development value of about Rs 10.0 billion (bn). The report said TARC Kailasa showed strong customer engagement after the launch of premium inventory and the experience centre and sample residence became operational, with project GDV at around Rs 44.0 bn. TARC Ishva expanded its footprint with the unveiling of Ishvara, the sixth and tallest tower, increasing project GDV to about Rs 36.0 bn. The company indicated that design finalisation continues across a sizeable pipeline of ultra-luxury developments in Delhi and Gurugram. Management highlighted sustained sales momentum, strong business cashflows and continued expansion of the luxury development pipeline as drivers of the recovery. The managing director and chief executive officer noted that revenue recognition at Tripundra represents a strategic inflection point that strengthens profitability and visibility, and said the company will focus on disciplined execution, phased launches and expansion of its luxury and ultra-luxury portfolio. The release described the market backdrop as supportive because of constrained supply of high-quality developments, rising buyer preference for amenity-led community living and long-term economic growth in India. The company reiterated commitment to design-led development, prudent capital allocation and strategic expansion across Delhi and Gurugram.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code