TARC Limited has informed the Exchange regarding a press release dated April 15, 2026, titled "TARC Limited builds momentum with Delivery Milestones and expansion of Luxury Pipeline".
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TARC Limited, a luxury real estate developer based in New Delhi, has reported strong performance for FY2026 with key delivery milestones. The company commenced customer handovers at TARC Tripundra (GDV ~1,000 crore), a 187-residence luxury development. TARC Kailasa saw premium tower launches with a new Experience Gallery (GDV increased to ~4,400 crore), while TARC Ishva in Gurugram unveiled 'Ishvara', its sixth and tallest tower, raising GDV to ~3,600 crore. For FY2026, the company achieved sales of ~333 crore and business cash flows of ~132 crore, with Q4 contributing ~395 crore in sales and ~223 crore in cash flows. The combined GDV of these developments stands at ~9,000 crore. The company plans to expand its portfolio with ultra-luxury developments in FY2027.
The commencement of handovers at Tripundra marks the start of revenue recognition, which could positively impact financials going forward. Strong sales traction and cash flows demonstrate healthy demand for TARC's luxury offerings, supporting investor confidence in execution capabilities.