Realty company TARC announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations for Q1FY27 stood at Rs 21,712.59 lakh, marking a YoY increase of 186.09% compared to Rs 7,589.48 lakh in Q1FY26 and a QoQ growth of 4.04% from Rs 20,869.84 lakh in Q4FY26. Total Income for the quarter was Rs 21,871.05 lakh, showing a YoY decrease of 25.95% from Rs 29,536.61 lakh in Q1FY26 and a QoQ decline of 27.10% from Rs 30,001.62 lakh in Q4FY26. Profit before tax and after exceptional items for Q1FY27 was Rs 2,197.71 lakh, a YoY decrease of 73.02% from Rs 8,146.83 lakh in Q1FY26. However, the company recorded a turnaround on a QoQ basis compared to a loss of Rs 1,705.70 lakh in Q4FY26. Net Profit (Profit for the period) stood at Rs 2,264.57 lakh for Q1FY27, representing a YoY decrease of 58.23% from Rs 5,421.41 lakh in Q1FY26 and a significant QoQ growth of 1,305.95% from Rs 161.07 lakh in Q4FY26. Total Comprehensive Income for the period was reported at Rs 2,260.26 lakh, compared to Rs 5,408.99 lakh in Q1FY26 and Rs 170.15 lakh in Q4FY26. Earnings Per Share (EPS) for Q1FY27 stood at Rs 0.77 (Basic), compared to Rs 1.84 in Q1FY26 and Rs 0.05 in Q4FY26. Standalone Financial Highlights: Revenue from Operations for Q1FY27 was Rs 1,059.00 lakh, representing a QoQ increase of 463.89% from Rs 187.80 lakh in Q4FY26. Revenue in Q1FY26 was Nil. Total Income reached Rs 1,230.21 lakh in Q1FY27, a YoY increase of 968.45% from Rs 115.14 lakh in Q1FY26 and a QoQ growth of 95.81% from Rs 628.26 lakh in Q4FY26. The company reported a Standalone Net Loss for the period of Rs 2,446.96 lakh in Q1FY27. This loss narrowed by 82.19% YoY compared to a loss of Rs 13,743.52 lakh in Q1FY26, but widened significantly QoQ compared to a loss of Rs 328.74 lakh in Q4FY26. Total Comprehensive Loss for the quarter stood at Rs 2,458.32 lakh, against a loss of Rs 13,747.44 lakh in Q1FY26 and a loss of Rs 325.25 lakh in Q4FY26. Basic EPS for the quarter was reported at a negative Rs 0.83, compared to a negative Rs 4.66 in Q1FY26 and a negative Rs 0.11 in Q4FY26. Business Highlights: Acquisition of Subsidiary: The Board approved the acquisition of 25,000 equity shares (the remaining 50% stake) in Niblic Greens Hospitality Private Limited for an aggregate consideration of Rs 55 lakh. Upon completion, Niblic Greens Hospitality Private Limited will become a wholly owned subsidiary of the Company. Amendment to Redemption Schedule: The Board approved amendments to the Redemption Schedule of the Company's Non-Convertible Debentures (ISIN: INE0EK907050). The revised redemption amount for the final scheduled date of March 31, 2030, is set at Rs 444,71,21,112. Management Remuneration: The Board recommended a revision in the remuneration of Mr. Amar Sarin (Managing Director & CEO) for the period from October 1, 2026, to September 30, 2029, subject to shareholder approval. Auditor Appointment: The Board recommended the appointment of M/s Singhi & Co., Chartered Accountants, as the Statutory Auditor for a term of five consecutive years starting from the conclusion of the 10th Annual General Meeting. Consolidation Profile: The consolidated results include the parent company, 42 subsidiary companies, 16 step-down subsidiary companies, 2 LLPs, one partnership firm, and one associate company (Niblic Greens Hospitality Private Limited). Result PDF