TARC Limited Announces Q3FY26 Results with ₹42.30 Crore Income and Mixed Performance
TARC Limited reported Q3FY26 results with consolidated total income of ₹42.30 crore, marking significant growth momentum despite operational challenges. The company achieved a positive turnaround in nine-month performance with consolidated profit of ₹17.42 crore for 9MFY26, demonstrating strong recovery in its luxury residential real estate portfolio.

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TARC Limited announced its Q3FY26 quarterly results for the quarter ended December 31, 2025, under Regulation 33 of SEBI Listing Regulations. The Board of Directors approved the unaudited financial results (standalone and consolidated) at their meeting held on February 7, 2026, demonstrating mixed operational performance across the luxury residential real estate portfolio.
Financial Performance Overview
The company reported consolidated total income of ₹42.30 crore for Q3FY26, showing significant growth momentum. However, the quarter reflected operational challenges with consolidated loss after tax of ₹21.03 crore compared to ₹28.69 crore loss in Q3FY25.
| Financial Metric | Q3FY26 | Q2FY26 | Q3FY25 | Growth (QoQ) | Growth (YoY) |
|---|---|---|---|---|---|
| Consolidated Total Income | ₹42.30 cr | ₹34.10 cr | ₹11.22 cr | +24.05% | +277.00% |
| Consolidated Loss After Tax | ₹21.03 cr | ₹15.77 cr | ₹28.69 cr | -33.38% | +26.67% |
| Standalone Total Income | ₹33.60 cr | ₹4.44 cr | ₹22.38 cr | +658.24% | +50.09% |
| Standalone Profit After Tax | ₹1.62 cr | ₹26.54 cr | ₹6.26 cr | -93.90% | -74.12% |
Nine-Month Performance Analysis
For the nine-month period (9MFY26), TARC recorded consolidated total income of ₹371.77 crore, representing substantial growth from ₹24.99 crore in 9MFY25. The company achieved consolidated profit of ₹17.42 crore for 9MFY26, marking a significant turnaround from ₹126.73 crore loss in the previous year period.
| Nine-Month Metrics | 9MFY26 | 9MFY25 | Growth (YoY) |
|---|---|---|---|
| Consolidated Total Income | ₹371.77 cr | ₹24.99 cr | +1,387.83% |
| Consolidated Profit After Tax | ₹17.42 cr | ₹126.73 cr loss | Positive turnaround |
| Standalone Total Income | ₹39.18 cr | ₹81.25 cr | -51.78% |
| Standalone Loss After Tax | ₹162.36 cr | ₹23.21 cr | -599.57% |
Key Financial Ratios and Indicators
The company's financial health indicators showed mixed performance across consolidated and standalone operations:
| Financial Ratio | Consolidated Q3FY26 | Standalone Q3FY26 |
|---|---|---|
| Debt Equity Ratio | 1.84 | 0.76 |
| Current Ratio | 1.47 | 1.53 |
| Net Worth | ₹1,060.38 cr | ₹1,098.55 cr |
| Operating Margin | -47.45% | 10.72% |
| Net Profit Margin | -49.71% | 4.82% |
Regulatory Compliance and Board Meeting
Pursuant to Regulation 30 and 51 of SEBI Listing Regulations, the Board meeting commenced at 15:00 hours and concluded at 15:30 hours on February 7, 2026. The company submitted unaudited financial results along with limited review reports issued by statutory auditors. The results were prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013. The financial results are available on Stock Exchange websites at www.bseindia.com , www.nseindia.com and company website at https://www.tarc.in/financial-information.php .
Operational Structure and Subsidiaries
TARC Limited operates through an extensive network of 42 subsidiary companies, 16 step-down subsidiaries, 2 Limited Liability Partnership firms, and 1 partnership firm. The consolidated results include entities across the real estate development portfolio, with the company maintaining its focus on luxury residential projects in Delhi and Gurugram markets.
Future Outlook and Strategic Direction
The company continues to maintain strong visibility on cashflows and inventory monetisation totalling approximately ₹7,500 crore over the next four years. With new launches expected to contribute similar potential sales value, TARC remains positioned for strategic expansion while prioritizing design-led development, capital efficiency, and enhanced customer experience across its luxury real estate portfolio.
Historical Stock Returns for TARC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.22% | -6.97% | -6.11% | -10.88% | +19.87% | +339.94% |


































