TARC Stock Surges 14% on Massive Pre-sales Growth and Strong Collections in Q1 FY27
Shares of Delhi-based real estate developer TARC experienced a sharp rally on Tuesday, climbing as high as 14 percent to hit a two-month high following the release of robust operating updates for the quarter ended June 30, 2026. The significant surge was driven by exponential growth in both pre-sales and collections across the company's projects.The stock witnessed substantial intra-day gains, reaching Rs 142.40 on the NSE. While trading later saw a slight profit booking trend, the share continued to outperform significantly, closing at Rs 132.02, marking an increase of 7.27 percent.
##Explosive Growth in Pre-sales and Collections
TARC reported compelling operational results for the first quarter of FY27. The company announced that pre-sales reached a figure of Rs 602 crore. This marks a nearly three times higher performance compared to the corresponding period of the previous year.
Collections also demonstrated remarkable strength, rising by 80 percent year-on-year to reach Rs 305 crore. Management credited this strong collections performance to efficient customer conversions and improved collection efficiency across ongoing projects.
##Company Status and Future Development Plans
In addition to the financial milestones, TARC confirmed that construction work is progressing steadily across all current developments. The company also highlighted that design and planning activities are advancing rapidly for its upcoming pipeline of luxury and ultra-luxury residences.
Amar Sarin, Managing Director and CEO of TARC, stated that the company commenced FY27 on a high note. He attributed this momentum to the excellent sales performance and collections, which reflect robust market demand for differentiated luxury housing options.
##Strategic Focus and Market Outlook
Sarin further emphasized that TARC remains resolutely focused on disciplined capital allocation and maintaining an exceptional customer experience. The firm is actively advancing into its next phase of developing high-end luxury and ultra-luxury properties in the region.
Headquartered in New Delhi, TARC specializes in developing premium luxury residential projects across both Delhi and Gurugram. These results affirm the market's confidence in the company’s strategic direction and operational efficiency within the competitive real estate sector.
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