TARC board approves Q1 results, auditor change, Sept 19 AGM

Revenue Growth 20pctPat Growth 25pctPat NegativeRelated Party TransactionsResults View source PDF Explain this filing

TARC · price

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Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹128.98

prior close

₹126.65

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%-1.1% vs market

Residential Commercial Projects peers, median of 64sector-1.0%+0.2% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.2 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TARC board approved Q1 FY27 consolidated revenue of 21,712.59 lakhs (up sharply from 158.46 lakhs YoY) and PAT of 161.07 lakhs versus loss of 78.27 lakhs. Standalone loss narrowed to 2,138.47 lakhs. Also approved change of auditor to Singhi and Co for 5 years, re-appointment of MD and CEO Amar Sarin with revised pay, re-appointment of Whole Time Director Muskaan Sarin, acquisition of remaining 50 percent in associate Niblic Greens for 55 lakhs (related party deal), and 10th AGM on Sept 19, 2026.

Likely market impact

Strong consolidated revenue and PAT turnaround signals improving demand. Standalone still loss-making. Auditor change and related party acquisition need shareholder approval at AGM.