TARC Limited, New Delhi's leading luxury residential real estate developer, announced strong financial results for Q3FY26, demonstrating robust operational execution and strengthened business cash flows. The company reported consolidated total income of ₹42.30 crore for the quarter ended December 31, 2025, marking significant growth momentum across its luxury development portfolio.

Financial Performance

The company delivered impressive financial metrics across both consolidated and standalone operations during Q3FY26:

For the nine-month period (9MFY26), TARC recorded consolidated total income of ₹371.77 crore, representing substantial growth from ₹24.99 crore in 9MFY25. However, standalone total income for 9MFY26 was ₹39.18 crore, declining from ₹81.25 crore in the previous year period.

Profitability and Cash Flow Performance

TARC reported consolidated profit of ₹17.42 crore for 9MFY26 and standalone profit of ₹1.62 crore for Q3FY26. The company achieved exceptional cash flow performance, with company cashflows of ₹907 crore surpassing the full year collection performance of the immediate previous financial year.

Operational Achievements

The company demonstrated strong operational momentum across its luxury development portfolio:

Project Development Milestones

TARC achieved significant progress across its key luxury developments:

• TARC Tripundra: The boutique luxury development is establishing itself as a benchmark project with handovers commencing soon
• TARC Kailasa: New Experience Centre and fully developed sample apartment became operational, receiving strong customer response and engagement. A new luxury tower introduction is receiving encouraging market response
• TARC Ishva: Second phase launch planned within Q4FY26, with total project sales potential increased to approximately ₹3,600 crore

Management Commentary

Mr. Amar Sarin, Managing Director & CEO, highlighted the company's steady progress: "Q3 FY2026 reflects steady progress across execution and cashflow visibility. Sales momentum remains healthy across our developments, supported by strong end-user demand for thoughtfully designed luxury residences."

The management emphasized focus on disciplined execution, calibrated launches, and thoughtful expansion of the development pipeline, positioning the business for its next cycle of growth while prioritizing design-led development, capital efficiency, and customer experience.

Future Outlook

TARC has established 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. Design finalisation is underway for the next wave of developments, supporting the company's strategic expansion across Delhi and Gurugram luxury real estate markets.

TARC Limited has announced that its Board of Directors will convene on February 7, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will address both standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Meeting Details and Regulatory Compliance

The board meeting announcement was made in accordance with Regulation 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both major stock exchanges about the scheduled meeting through official communication.

Trading Window Restrictions

In compliance with the company's Code for Prevention of Insider Trading, TARC Limited has implemented a trading window closure for designated persons. The restriction period began on January 1, 2026, and will continue until 48 hours after the declaration of financial results.

Stock Exchange Communication

The company has formally communicated the board meeting schedule to both BSE Limited and the National Stock Exchange of India Limited. TARC Limited trades under the equity scrip code 543249 and debt scrip code 976606, with the scrip symbol TARC on the exchanges.

The notification was signed by Company Secretary Amit Narayan (A20094) and submitted to the respective stock exchanges as part of the company's regulatory disclosure obligations.