TARC Limited has informed the Exchange regarding a press release dated May 29, 2026, titled "Financial Results for FY2026".
TARC · price
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TARC Limited reported strong financial turnaround for FY2026 with total income of ₹671.78 crore, a massive jump from ₹138.89 crore in FY2025. The company swung from a net loss of ₹231.29 crore in FY2025 to a profit after tax of ₹19.03 crore in FY2026, with EBITDA turning positive at ₹77.51 crore versus negative ₹27.77 crore previously. Q4 FY2026 income stood at ₹300.02 crore, showing sequential growth from Q3. Key milestone achieved with customer handovers at TARC Tripundra (GDV ~₹1,000 crore), while TARC Kailasa (GDV ~₹4,400 crore) and TARC Ishva (GDV ~₹3,600 crore) expanded their pipelines. Management highlighted ~45% gross margin at Tripundra as testament to their luxury positioning and value-accretive development approach.
The dramatic revenue growth and profit turnaround from losses in FY2025 signals strong operational execution and successful transition from development phase to revenue recognition. The commencement of handovers at Tripundra marks an inflection point, with high-margin sales flowing progressively into financials. For shareholders, this validates the company's luxury strategy and land bank monetization, though the stock is already pricing in significant recovery from FY2025 lows.