{"id":157355,"date":"2023-12-14T08:01:37","date_gmt":"2023-12-14T13:01:37","guid":{"rendered":"https:\/\/44.250.171.167\/?p=157355"},"modified":"2023-12-14T08:01:39","modified_gmt":"2023-12-14T13:01:39","slug":"tarc-ltd-q2fy24-87-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tarc-ltd-q2fy24-87-fall-in-profits\/","title":{"rendered":"TARC Ltd Q2FY24; 87% fall in Profits"},"content":{"rendered":"\n<p>TARC Ltd. (The Anant Raj Corporation) started out as a construction and contracting company and evolved to become one of the largest real estate development companies and land bank holders in the New Delhi Metropolitan Area. The company\u2018s key developments are across verticals like Residential, Hospitality, Commercial and Retail projects.<br>The name of the company has been changed from Anant Raj Global Ltd. to TARC Ltd. in April 2021.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>TARC Ltd reported Revenues for Q2FY24 of \u20b929.72 Crores down from \u20b941.67 Crore year on year, a fall of 28.68%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b952.79 Crores up from \u20b947.87 Crores year on year, a rise of 10.28%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b91.07 Crores down 86.9% from \u20b98.17 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.04, down 85.71% from \u20b90.28 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-112-839x1024.png\" alt=\"\" class=\"wp-image-157356\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-112-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-112-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-112-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-112-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-112.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/ASAI-Product-2-3.gif\" alt=\"\" class=\"wp-image-157333\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>TARC Ltd. (The Anant Raj Corporation) started out as a construction and contracting company and evolved to become one of the largest real estate development companies and land bank holders in the New Delhi Metropolitan Area. The company\u2018s key developments are across verticals like Residential, Hospitality, Commercial and Retail projects.The name of the company has [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":157356,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,11809],"tags":[1703,13580,8893],"class_list":["post-157355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-realty","tag-construction","tag-contracting-company","tag-real-estate-development"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-112.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152890,"url":"https:\/\/alphastreet.com\/india\/tarc-ltd-q1fy24-24-fall-in-profits\/","url_meta":{"origin":157355,"position":0},"title":"TARC Ltd Q1FY24; 24% fall in Profits","author":"Chirag Gupta","date":"August 11, 2023","format":false,"excerpt":"TARC Ltd. 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The company\u2018s key developments are across verticals like Residential, Hospitality, Commercial and Retail projects.The\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-737.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-737.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-737.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-737.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-737.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-737.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164728,"url":"https:\/\/alphastreet.com\/india\/tarc-ltd-q1fy24-22-fall-in-profits\/","url_meta":{"origin":157355,"position":1},"title":"TARC Ltd Q1FY24; 22% fall in Profits","author":"Chirag Gupta","date":"October 7, 2024","format":false,"excerpt":"TARC Ltd. (The Anant Raj Corporation) started out as a construction and contracting company and evolved to become one of the largest real estate development companies and land bank holders in the New Delhi Metropolitan Area. 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