TARC Ltd's Q4FY25 Quarter Results
- 30 May 2025
Result Summary
- TARC Ltd reported a 7.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a decline of 92.3%.
- Its expenses for the quarter were up by 35.5% QoQ and down 54.9% YoY.
- The net profit increased 80.3% QoQ and decreased 3481.0% YoY.
- The earnings per share (EPS) of TARC Ltd declined at 1.8 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 10.37 | 11.22 | 135.54 | -7.6% | -92.3% |
Total Expenses | 57.39 | 42.35 | 127.18 | 35.5% | -54.9% |
Profit Before Tax | -47.02 | -31.13 | 8.35 | 51.0% | -663.1% |
Tax | 4.71 | -2.44 | 6.83 | -293.0% | -31.0% |
Profit After Tax | -51.73 | -28.69 | 1.53 | 80.3% | -3481.0% |
Earnings Per Share | -1.80 | -1.00 | 0.10 | 80.0% | -1900.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
TARC Ltd, based in India, is primarily engaged in real estate development, focusing on residential and commercial projects. As of the latest update, the company operates in the real estate sector, which involves various stages of property development such as planning, construction, and sales. The company is involved in delivering high-quality living spaces and commercial properties, catering to diverse customer needs. In recent times, there haven't been any major publicly available developments or changes in TARC Ltd's business operations.
Revenue
In the fourth quarter of the fiscal year 2025 (Q4FY25), TARC Ltd reported a total income of ₹10.37 crores, which marks a decline from ₹11.22 crores in the third quarter of the same fiscal year (Q3FY25), reflecting a quarter-over-quarter (QoQ) decrease of 7.6%. Compared to the fourth quarter of the previous fiscal year (Q4FY24), where the total income was significantly higher at ₹135.54 crores, there was a year-over-year (YoY) decline of 92.3%. This substantial drop in revenue on both a QoQ and YoY basis indicates a challenging period for the company's income generation.
Profitability
TARC Ltd's profitability metrics for Q4FY25 reveal a challenging financial performance. The company recorded a loss before tax of ₹47.02 crores, a deterioration from a loss of ₹31.13 crores in Q3FY25. This represents a 51.0% increase in losses QoQ. Additionally, when compared to Q4FY24, where a pre-tax profit of ₹8.35 crores was recorded, the YoY change stands at a significant decline of 663.1%. The tax for Q4FY25 was reported at ₹4.71 crores, contrasting with a tax credit of ₹2.44 crores in Q3FY25 and a tax expense of ₹6.83 crores in Q4FY24. The profit after tax for Q4FY25 was a loss of ₹51.73 crores, compared to a loss of ₹28.69 crores in Q3FY25, marking an 80.3% increase in losses. The YoY comparison shows a dramatic decline from a profit of ₹1.53 crores in Q4FY24, resulting in a YoY change of -3481.0%.
Operating Metrics
The operating metrics for TARC Ltd in Q4FY25 highlight challenging conditions. The earnings per share (EPS) was reported as a loss of ₹1.80, compared to a loss of ₹1.00 in Q3FY25, indicating an 80.0% increase in losses per share on a QoQ basis. Compared to Q4FY24, where the EPS was a positive ₹0.10, there is a YoY decline of 1900.0%. Additionally, total expenses for Q4FY25 were ₹57.39 crores, up from ₹42.35 crores in Q3FY25, reflecting a 35.5% increase in expenses QoQ. However, when compared to Q4FY24, where total expenses were ₹127.18 crores, there was a YoY decrease of 54.9%. These metrics illustrate the financial pressures faced by the company during this period.