TARC Limited — Important, 12-08-2025: General Updates
12-08-2025 | 07:31 pm
12-08-2025 | 07:31 pm
TARC reported Q1 financial results. Consolidated profit surged to 54.21 Cr, primarily driven by a 69.84 Cr enhanced land compensation in a subsidiary. However, standalone operations faced a 137.43 Cr loss, impacted by 114.27 Cr in asset impairment and write-offs. The company also undertook significant debt management, issuing 835 Cr in new debentures and redeeming 688.38 Cr. Key management re-appointments, subject to AGM approval, include Mr. Amar Sarin as MD & CEO and Mr. Miyar Ramanath Nayak as Independent Director. Mrs. Muskaan Sarin was redesignated as Whole Time Director & Chief Brand Officer. The 9th AGM is scheduled for September 25. #TARC #Earnings
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