 "TARC posts Rs 1.52 cr profit in Q4, revenue jumps 3-fold to Rs 135.53 cr")
Realty firm TARC Ltd has reported a consolidated net profit of Rs 1.52 crore for the fourth quarter ended March 2023.
Its net loss stood at Rs 242.74 in the year-ago period.
Its total income rose to Rs 135.53 crore in the fourth quarter of the last fiscal from Rs 42.43 crore a year ago, according to a regulatory filing.
During the full 2022-23 fiscal, TARC posted a net profit of Rs 20.36 crore against a net loss of Rs 232.75 crore in FY22.
The total income rose to Rs 374.66 crore in the last fiscal from Rs 300.68 crore in 2021-22.
On the operational front, the Delhi-based realty firm achieved sales bookings of Rs 520 crore in the last fiscal against a target of Rs 400 crore.
The company is developing many projects in the Delhi-NCR market.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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