Monthly Update17 Apr 2024, 01:17 am
TARC Limited Breaks Records with 200% Presales Growth in FY2023-24 to ₹1,612 Crore
AI Summary
TARC Limited, a leading player in the real estate industry, reported exceptional operational performance for the fiscal year 2023-24, achieving its highest-ever presales of ₹1,612 crore, marking a remarkable 200% growth compared to the previous fiscal year. Additionally, the company collected ₹7,415 crore and recorded sales of ₹1,281 crore during the Q4 of FY2023-24 due to the success of TARC Kailasa project.
Key Highlights
- Company achieved highest-ever presales of ₹1,612 crore, a 200% increase from the previous fiscal year
- FY2023-24 collections totaled ₹7,415 crore, a new record
- Q4 sales amounted to ₹1,281 crore, a staggering 600% on a year-on-year basis
- TARC Kailasa project saw significant success in Q4 with ₹1,281 crore sales
- Company anticipates delivering TARC Tripundra project ahead of schedule and launches TARC 63A project with sample apartment, experience center, and sales gallery ready