TARC Ltd

(TARC)

TARC Ltd Reports Mixed Financial Results for Q2 FY25 - 08 Nov, 2024

TARC Ltd reported Rs 1,012 crore in pre-sales for Q2 FY25, a 900% increase year-on-year, but also posted a net loss of Rs 67.36 crore due to rising expenses. The company remains optimistic about its luxury residential developments in the National Capital Region.

TARC Reports Significant Sales Decline and Losses - 07 Nov, 2024

TARC Ltd reported a significant decline in net sales for September 2024, with standalone sales down 96.04% and a net loss of Rs 23.06 crore. Consolidated sales also fell 85.49% year-on-year. Despite these losses, TARC shares have shown substantial returns over the past year.

TARC Limited Reports Significant Losses in Q2 - 06 Nov, 2024

TARC Limited reported a substantial net loss of INR 673.49 million for Q2 2024, down from a net income of INR 10.78 million a year ago. Revenue and sales also saw significant declines compared to the previous year.

TARC Ltd Positioned for Growth in Real Estate - 30 Oct, 2024

StoxBox has set a target price of Rs 260 for TARC Ltd, recommending a buying range of Rs 222-227. The company is well-positioned to benefit from the increasing demand for luxury and mid-income housing in India, especially in Delhi, where unsold inventory is decreasing.

TARC Ltd Secures Rs 1,000 Crore for Debt Refinancing - 25 Oct, 2024

TARC Limited has raised Rs 1,000 crore from a consortium led by Kotak Mahindra Bank to refinance debt and enhance cash flows. The funds will support the luxury residential project TARC Kailasa, expected to generate Rs 4,000 crore in revenue. This strategic move aligns financial strategy with operational performance, indicating positive growth potential for the company.

Gurugram's Sector 63A Becomes Luxury Living Hub - 24 Oct, 2024

Sector 63A in Gurugram is emerging as a new hotspot for homebuyers, driven by its strategic location near Golf Course Road and expressways, enhancing luxury living and business opportunities.