TARC Ltd, a luxury residential real estate developer, has reported a remarkable turnaround in its financial performance for the fiscal year 2026 (FY26). The company's total income soared to ₹671.78 crore, a significant increase from ₹38.89 crore in FY25. Additionally, TARC swung to a profit after tax of ₹19.03 crore, recovering from a substantial loss of ₹231.29 crore in the previous year. This positive shift was bolstered by the commencement of handovers at the Tripundra project, which was launched in FY23 and has a total gross development value of approximately ₹1,000 crore. The company noted that revenue recognition began during the March quarter, contributing to a gross margin of 45% at the project level. TARC's ongoing projects, including Kailasa and Ishva in Gurugram, further enhance its market position, with significant gross development values of ₹4,400 crore and ₹3,600 crore, respectively. Managing Director Amar Sarin emphasized the company's focus on disciplined execution and expansion in the luxury residential market, which continues to show strong demand despite global economic challenges.