Tarc Ltd

Tarc Ltd has informed the stock exchanges about the resignation of Doogar & Associates as the statutory auditors of its material subsidiary, TARC Projects Limited. The resignation is effective from the financial year 2026-27. The auditors cited alignment with their tenure as group auditors for the holding company as the reason for their resignation. The company has enclosed the resignation letter and required annexures as per SEBI regulations.

Tarc Ltd announced its financial results for the quarter ended June 30, 2026 (Q1 FY27), marking a strong start to the fiscal year. The company reported a total income of ₹218.71 crore, driven by revenue recognition from TARC Tripundra, robust sales momentum, and strong business cash flows. EBITDA stood at ₹41.76 crore, a significant improvement from the previous quarter. Profit after tax was ₹22.64 crore, showing a strong quarter-on-quarter recovery. Operational highlights include quarterly presales of ₹602 crore, a 3x year-on-year growth, and collections of ₹305 crore, up 80% year-on-year. New inventory launches and ongoing development progress, alongside advancements in future luxury projects, strengthen the company's growth outlook. Tarc also appointed Singhi & Co. as its statutory auditor.

Tarc Ltd has announced that its Board of Directors will convene on August 11, 2026. The primary agenda items include the consideration and approval of the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the board will review and approve amendments to the Redemption Schedule of the Debenture Trust Deed. The company has also closed its trading window for designated persons from July 1, 2026, until 48 hours after the financial results are declared, in compliance with SEBI regulations.

Tarc Ltd has issued a clarification regarding recent movements in its stock volume. The company stated that there is no unpublished price-sensitive information or pending announcements that require disclosure under SEBI regulations. Tarc Ltd emphasized that as its shares are freely traded, price and volume movements are market-driven, and the company cannot comment on these fluctuations. The company reaffirmed its commitment to complying with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and making timely disclosures.

Tarc Ltd has announced the appointment of three key senior management personnel. Mr. Mridul Srivastava has been appointed as Chief Human Resources Officer (CHRO) and Mr. Ankush Kaul as Chief Business Officer (CBO), both effective July 9, 2026. Additionally, Mr. Ajay Gupta has been appointed as Chief Development Officer (CDO), effective July 16, 2026. These appointments follow recommendations from the Nomination and Remuneration Committee and approval by the Board of Directors via circular resolutions. The company has also stated that these individuals will be designated as 'Senior Management Personnel' as per SEBI Listing Regulations, consequent to a change in reporting structure. Detailed profiles of the appointees are provided in the annexure.

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.