TARC Ltd Achieves ₹1,165 Crore in Presales with ~1000% YoY Growth in Q3 FY2025

TARC Limited has reported its operational performance for the third quarter of FY2025, achieving presales of ₹1,165 crore. This marks a consistent growth trajectory for the company.

Sales Highlights

For the first nine months of FY2025, presales amounted to ₹2,487 crore, representing a remarkable six-fold year-on-year increase. Customer collections for Q3 FY2025 stood at ₹181 crore, bringing the total collections for the first three quarters to ₹371 crore. These figures highlight the company’s strong market position and the effectiveness of its sales strategies.

TARC Limited remains optimistic about its future prospects, forecasting continued growth in both sales and collections. The company’s positive outlook is supported by the growing demand in the luxury real estate sector and the successful execution of its strategic initiatives.

Key Highlights for Q3 FY2025

• Operational Strength: TARC achieved strong presales of ₹1,165 crore and collections of ₹181 crore in Q3 FY2025, showcasing its operational excellence and financial growth.
• Project Milestones: TARC Tripundra is in its final stages, and TARC Kailasa is developing a state-of-the-art experience center, which includes a sample flat reflecting its luxury offerings. The prices for TARC Kailasa have appreciated, indicating strong market demand.
• TARC Ishva Progress: With presales nearing ₹1,500 crore, the construction at TARC Ishva is progressing rapidly.
• Strategic Land Acquisition: The company has acquired additional land in Gurugram, enhancing its portfolio and increasing its potential Gross Development Value.
• New Entertainment Asset: TARC’s multi-screen cinema and entertainment asset in East Delhi is now operational, further strengthening its market presence.

With the recent announcement of key infrastructure projects by Union Minister Sh. Nitin Gadkari, the development of strategic highways in Delhi is expected to improve connectivity and unlock significant growth opportunities for TARC’s land parcels in the region. This is set to further accelerate the company’s growth in the coming quarters.

Commenting on the performance, the Managing Director and CEO of TARC Limited, Mr Amar Sarin, said, “We are proud to consistently achieve four-figure presales numbers, which is a clear indication that our strategy to focus on world-class luxury developments on-time delivery has gained significant momentum. Our dedicated teams are continually building on this strong foundation, with a sharp focus on unlocking the full potential of our existing land bank while also actively exploring strategic acquisitions and joint ventures.”

He further added, “Each challenge we face only strengthens our resilience, preparing us for growth and success. With our unwavering commitment to integrity, we remain focused on creating long-term value for all our stakeholders. We are confident that TARC is well-positioned to reach even greater milestones in the years ahead.”

On January 7, 2025, TARC share price (NSE: TARC) opened at ₹181.85, touching the day’s low at ₹174.11, as of 9:56 AM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.