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TARC posts Q3 results, achieves record sales
New Delhi, February 13, 2023: TARC Limited, on Monday announced its Q3 and 9MFY23 results. A release issued by the company says that, it has achieved its best ever new sales booking. The company has prepaid Rs 66.36 crores towards its NCOs obligations.
Total Income grew 57% in Q3FY23 to rs 109.64 crores and for 9MFY23 it stands at Rs 239.13 crores. Profit after Tax was up 77% for 9MFY23 at rs 18.82 crores and for Q3FY23 it stands at Rs 1.35 crores.
Commenting on the developments, Amar Sarin, MD & CEO, TARC Limited said, “TARC continues its journey of multi-fDld growth momentum with its leading luxury residential projects offerings in New Delhi & NCR region, led by customer centric approach of experiential livlng, capitalising on the existing land bank owned by the Company. We are witnessing acceptance of larger homes and increase in demand for our luxury residential projects. We believe that this trend will continue Since Delhi’s urban skyline is undergoing phenomenal transformatlon.”
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