Announced Tue, 11 Aug · 18:42 IST
TARC board approves Q1 results, acquisition, auditor change
TARC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹128.98
prior close
₹126.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.0+2.4+3.1+4.7-1.5-2.9-4.0-6.4-7.4-4.6————
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AI summary
TARC Limited board approved Q1 FY27 results with consolidated revenue of Rs 217.13 crore and profit after tax of Rs 1.61 crore. Standalone showed a loss of Rs 24.47 crore. Board approved acquiring remaining 50 percent stake in Niblic Greens Hospitality for Rs 55 lakhs, making it a wholly owned subsidiary. New auditor M/s Singhi and Co appointed for 5 years replacing Doogar and Associates. Revision in MD remuneration and re-appointment of Whole-Time Director also approved.
Likely market impact
Minor acquisition of 55 lakh rupees. Q1 results mixed with consolidated PAT slightly down YoY. Governance changes pending AGM approval.