Luxury residential real estate developer TARC Limited, has reported total income of Rs 671.78 crore, in FY2026, from Rs 38.89 crore in FY2025. The company reported profit after tax for FY2026 of Rs 19.03 crore, which grew YoY basis from net loss of Rs 231.29 crore in FY2025.It has commenced handovers at TARC Tripundra, which was launched in FY2023. The project has total Gross Development Value of approximately Rs 1,000 crore. With revenue recognition now commenced during the quarter, the gross margin at the project level of 45% to flow through progressively into consolidated financials.TARC Kailasa witnessed strong customer engagement following the launch of premium inventory, alongside operationalisation of the new experience centre and sample residence. Total project gross development value now stands at Rs 4,400 crore.TARC Ishva expanded its development footprint through the sixth and tallest tower of the development. Total project gross development value increased to approximately Rs 3,600 crore.Design finalisation is progressing across a sizeable pipeline of ultra-luxury developments."The commencement of revenue recognition at TARC Tripundra during Q4 FY2026 marks a key inflection point, strengthening profitability and financial performance visibility. Looking ahead, we remain focused on disciplined execution, phased launches and expansion of our luxury and ultra-luxury pipeline,” said Amar Sarin, Managing Director & CEO, TARC Limited.The luxury residential market in Delhi and Gurugram continues to exhibit strong structural demand, supported by constrained supply of high-quality developments, increasing preference for amenity-led community living and growing buyer inclination toward trusted and institutional developers.Despite global headwinds India's long-term economic growth outlook, supported by infrastructure investments, rising wealth creation and increasing global economic integration, continues to strengthen demand for differentiated luxury residential developments.