TARC has appointed Arabian Construction Company, headquartered out of Abu Dhabi, UAE, as the principal contractor for its luxury residential developments, TARC Kailasa, located in Central West Delhi & its upcoming development TARC 63A located in Gurugram. TARC has taken this initiative for a time bound and state of the art construction of its developments through Arabian Construction Company which is known to deliver archetypal skyscrapers across UAE & India including some of the region`s most iconic landmarks. TARC Kailasa is -2.80 million square feet luxury residential development spread across five 40-storey towers. TARC 63A Gurugram is an upcoming project, estimated to have more than 1.80 million square feet of Iuxury residential development spread across five 45-storey towers.Powered by Capital Market - Live News

TARC will hold a meeting of the Board of Directors of the Company on 28 June 2024.Powered by Capital Market - Live News

Net loss of TARC reported to Rs 51.75 crore in the quarter ended March 2024 as against net profit of Rs 1.54 crore during the previous quarter ended March 2023. Sales declined 92.98% to Rs 9.48 crore in the quarter ended March 2024 as against Rs 134.99 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 77.05 crore in the year ended March 2024 as against net profit of Rs 20.34 crore during the previous year ended March 2023. Sales declined 69.72% to Rs 111.45 crore in the year ended March 2024 as against Rs 368.12 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales9.48134.99 -93 111.45368.12 -70 OPM %-43.2528.14 -41.7843.18 - PBDT-45.119.86 PL -79.5248.34 PL PBT-47.028.35 PL -86.0141.15 PL NP-51.751.54 PL -77.0520.34 PL Powered by Capital Market - Live News

TARC will hold a meeting of the Board of Directors of the Company on 27 May 2024Powered by Capital Market - Live News

Net loss of TARC reported to Rs 33.49 crore in the quarter ended December 2023 as against net profit of Rs 1.31 crore during the previous quarter ended December 2022. Sales declined 90.13% to Rs 9.30 crore in the quarter ended December 2023 as against Rs 94.21 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales9.3094.21 -90 OPM %59.5714.98 - PBDT-26.865.34 PL PBT-28.374.14 PL NP-33.491.31 PL Powered by Capital Market - Live News