Branch2 Intelligence
TARC shares surge over 14% on strong June-quarter pre-sales and collections
Key takeaway
TARC Q1 pre-sales tripled to ₹602 crore, collections up 80% to ₹305 crore.
- Step 11st-order: TARC reports 3x pre-sales growth to ₹602 crore and 80% collections rise.
- Step 22nd-order: Strong cash flow reduces TARC's debt reliance, improving its credit profile and lowering financing costs.
- Step 33rd-order: Increased demand for premium housing in Delhi-NCR may tighten supply of construction materials, raising input costs for smaller developers.
Source: CNBC TV18 (Markets)
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