Tarc Ltd

TARC Limited announced its operational update for the quarter ended June 30, 2026, reporting a significant 3x year-on-year increase in quarterly presales, reaching ₹602 crore. Collections also saw robust growth of 80% YoY, amounting to ₹305 crore, driven by strong customer conversions and collection efficiency. The company highlighted continued demand for its luxury residential portfolio, supported by differentiated offerings and disciplined execution. TARC is progressing construction on ongoing projects and advancing plans for future luxury developments, positioning itself for long-term growth.

Tarc Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from Wednesday, July 1, 2026, until 48 hours after the declaration of the un-audited financial results (Standalone and Consolidated) for the quarter ending June 30, 2026. All designated persons and their immediate relatives are advised against trading in Tarc Ltd securities during this period.

TARC Limited announced its FY26 financial results, reporting a total income of ₹671.78 crore, a YoY increase from ₹138.89 crore in FY25. The company's profit after tax for FY26 stood at ₹19.03 crore, a significant improvement from a net loss of ₹231.29 crore in FY25. EBITDA for FY26 was ₹77.51 crore, up from a negative EBITDA of ₹127.77 crore in FY25. The company commenced customer handovers at TARC Tripundra and witnessed strong customer engagement at TARC Kailasa and TARC Ishva.

TARC Limited announced its audited financial results for the year ended March 31, 2026. The company reported a total income of ₹671.74 Lakhs and a total expense of ₹707.69 Lakhs, resulting in a loss of ₹231.29 Lakhs for the year. The board also approved the re-appointment of M/s Kirtane & Pandit LLP as Internal Auditor and M/s Bahadur Murao & Co. as Cost Auditor for the financial year 2026-27.

Tarc Ltd's board meeting on May 29, 2026, approved the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026. Kirtane & Pandit LLP re-appointed as Internal Auditor for FY27. Bahadur Murao & Co. re-appointed as Cost Auditor for FY27. The auditor's report has an unmodified opinion.

Tarc Ltd has scheduled a meeting of its Board of Directors on May 29, 2026, to consider and approve the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026. The company has also announced the closure of the trading window for designated persons from April 1, 2026, until 48 hours after the declaration of the financial results, in accordance with the Company's Code for Prevention of Insider Trading.

Bandhan Mutual Fund, through its schemes, acquired 0.0162% equity shares of TARC Limited on April 29, 2026, increasing its total holding to 5.0045% of the company's paid-up capital/voting rights. The acquisition was made through open market purchases. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Enforcement Directorate (ED) officials visited the premises of Tarc Ltd, its promoters, and officers on April 21, 2025. The search was primarily related to a pre-demerged entity for a transaction that occurred prior to 2020. Tarc Ltd clarified that the visit was due to its past association with the pre-demerged entity. The company stated that the search is not material to its current operations and has no impact on its financial position or activities. Tarc Ltd officials provided all necessary information, documents, and clarifications requested by the ED, and no violations or contraventions have been alleged.

TARC Limited reported robust performance in FY2026, driven by delivery milestones and expansion of its luxury project pipeline. The company commenced customer handovers at TARC Tripundra, a boutique luxury development with a gross development value (GDV) of <1,000 crore, initiating revenue recognition. TARC also expanded its ultra-luxury offerings with new premium inventory at TARC Kailasa (GDV ₹4,400 crore) and unveiled Ishvara, the sixth and tallest tower at TARC Ishva (GDV ₹3,600 crore). These developments collectively represent a GDV of ₹9,000 crore. For FY2026, TARC achieved sales of ₹1,323 crore and business cash flows of ₹1,132 crore. Q4 FY26 sales stood at ₹395 crore and cash flows at ₹223 crore. The company plans to expand its luxury development portfolio in FY2027.

Tarc Ltd has announced the closure of its trading window from Wednesday, April 1, 2026, until the expiry of 48 hours after the declaration of audited financial results for the quarter and year ending on March 31, 2026. This decision is in accordance with the Company's Code for Prevention of Insider Trading. All designated persons of the Company and their immediate relatives have been advised not to trade in the securities of the Company during this period.