TARC Q2 Results FY27: Profit Returns, Revenue Rs 128.81 Cr, PAT Rs 4.39 Cr

TARC Ltd (TARC) Q2 Results FY27 announced on 12 November 2026, covering the company's financial performance for the July to September quarter. The results date brought consolidated revenue of Rs 128.81 Cr, net profit of Rs 4.39 Cr and an Operating Profit of Rs -2.46 Cr, and TARC Q2 Results FY27 are reported on a consolidated basis, so these consolidated results are the figures used throughout this article.

This results analysis of TARC Q2 Results covers the financial highlights, the business drivers, the outlook and the risks. It compares each reported figure with the same quarter a year ago, so that revenue, Operating Profit and net profit can be read on a YoY basis rather than in isolation, starting with the Financial Highlights table below.

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TARC Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 128.81 Cr	Rs 6.87 Cr	+1774.96% YoY
Operating Profit	Rs -2.46 Cr	Rs -35.64 Cr	+93.1% YoY
Net Profit (PAT)	Rs 4.39 Cr	Rs -15.77 Cr	+127.84% YoY

Source: company filing for TARC Q2 Results FY27, 12 November 2026. Figures in Rs Crore, Consolidated basis.

Key Takeaways from TARC Q2 Results: What Stands Out

• Revenue: Consolidated revenue rose to Rs 128.81 Cr from Rs 6.87 Cr, a YoY growth of 1774.96% for the July to September 2026 quarter.
• Net profit: TARC Q2 Results FY27 show net profit of Rs 4.39 Cr against Rs -15.77 Cr a year ago, a 127.84% YoY change.
• Operating Profit: The Operating Profit line was Rs -2.46 Cr compared with Rs -35.64 Cr a year earlier, a 93.1% improvement on a YoY basis.
• Margin: Net profit margin stood at 3.4% in the quarter against -229.5% in the comparison quarter, as the disclosed business factors state.
• Next step: The performance analysis below sets these figures against the quarterly net profit trend and the risks investors track.

TARC Q2 Results FY27: Performance Analysis

The results analysis shows TARC reported consolidated revenue of Rs 128.81 Cr, up from Rs 6.87 Cr, while net profit moved from a loss of Rs 15.77 Cr to a profit of Rs 4.39 Cr. Operating Profit remained negative at Rs -2.46 Cr but is higher than the Rs -35.64 Cr of the comparison quarter.

Revenue growth of 1774.96% is a large YoY growth figure because the comparison quarter was a small base at Rs 6.87 Cr. TARC Q2 Results FY27 therefore set a much larger revenue figure against a quarter that closed with a net loss, and the 127.84% YoY change in net profit reflects that swing from loss to profit.

Readers of TARC Q2 Results can watch whether the Rs 4.39 Cr net profit is repeated in later quarterly results, since the last five quarters ranged between a loss of Rs 21.03 Cr and a profit of Rs 22.65 Cr. That pattern leads into the business factors disclosed for this quarter.

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Key Business Factors This Quarter

Revenue Expansion – The business factors begin with revenue, which grew 1775.0% year on year to Rs 128.81 Cr in the latest quarter, and TARC Q2 Results FY27 record this figure against the Rs 6.87 Cr base of the comparison quarter.

Return to Net Profit – The company returned to a net profit of Rs 4.39 Cr from a loss in the comparison quarter, which is the second disclosed factor visible in these quarterly results at the bottom line.

Net Profit Margin – Net profit margin improved to 3.4% from -229.5% in the comparison quarter, which puts the Rs 4.39 Cr net profit in proportion to the Rs 128.81 Cr of revenue behind it.

FY27 Outlook After TARC Q2 Results

TARC Q2 Results FY27 are the second set of numbers in the FY27 year, and the results analysis for the full year will depend on subsequent quarters and on disclosed sector conditions. The Rs 4.39 Cr net profit is the latest figure in that sequence, set against a Rs 15.77 Cr loss a year earlier.

Investors can follow later filings on the Univest app and the Univest Screener to see how revenue compares with Rs 128.81 Cr and how Operating Profit compares with Rs -2.46 Cr. Those filings will also show how the net profit trend develops, which brings the risks into focus.

Key Risks to Watch After TARC Q2 Results FY27

Low Returns on Equity and Capital

Return on equity was low at 1.81% in FY26 and return on capital employed was modest at 2.31%, so the profit earned on invested capital stays thin even after the YoY growth that TARC Q2 Results FY27 show in revenue.

High Debt Levels

Debt is high at 1.78 times total assets in FY26, which keeps the balance sheet debt on the list of items investors check alongside the Rs 4.39 Cr quarterly profit and the Rs 128.81 Cr of revenue.

Volatile Quarterly Net Profit

Quarterly net profit has been volatile, ranging from Rs -21.03 Cr to Rs 22.65 Cr over the last 5 quarters, so a single profitable quarter should be read next to that wider range of outcomes.

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Conclusion

TARC Q2 Results FY27 record consolidated revenue of Rs 128.81 Cr and net profit of Rs 4.39 Cr, and the quarterly results are best read with the FY26 return ratios and debt level in view. These consolidated results sit in the Univest Screener alongside the full financial table. For TARC Q2 Results, investors should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on TARC Q2 Results FY27

What are TARC Q2 Results FY27?

Ans. TARC Q2 Results FY27 are the consolidated quarterly results of TARC Ltd for July to September 2026, declared on 12 November 2026, and the Financial Highlights table and the sections after it cover them in full.

What is the results date for TARC Q2 Results FY27?

Ans. The results date for TARC Q2 Results FY27 is 12 November 2026, when TARC declared its consolidated numbers, which is also the date used in the Quick Answer and the introduction of this article.

What revenue was reported in TARC Q2 Results FY27?

Ans. TARC reported consolidated revenue of Rs 128.81 Cr in the quarter, compared with Rs 6.87 Cr a year earlier, as shown in the Financial Highlights table and the Performance Analysis section.

What net profit was reported in TARC Q2 Results FY27?

Ans. Net profit was Rs 4.39 Cr for TARC in the quarter, compared with a loss of Rs 15.77 Cr a year earlier, which the Key Takeaways section covers alongside the other headline figures.

How much YoY growth did revenue show in TARC Q2 Results FY27?

Ans. Revenue showed YoY growth of 1774.96% for TARC, rising from Rs 6.87 Cr to Rs 128.81 Cr, while the Performance Analysis section explains that the comparison quarter was a much smaller base.

Did net profit rise or fall in TARC Q2 Results?

Ans. Net profit rose in TARC Q2 Results, moving from Rs -15.77 Cr to Rs 4.39 Cr, a YoY change of 127.84%, so the Key Takeaways section lists it as the main profit move of the quarter.

What was the Operating Profit in TARC Q2 Results FY27?

Ans. Operating Profit for TARC was Rs -2.46 Cr in the quarter against Rs -35.64 Cr a year earlier, which is a 93.1% YoY improvement, as the Key Takeaways section notes for the quarter.

Are TARC Q2 Results consolidated results or standalone results?

Ans. TARC Q2 Results are consolidated results, so the revenue of Rs 128.81 Cr and net profit of Rs 4.39 Cr are reported on a consolidated basis, as stated in the Quick Answer and the introduction.

What business factors shaped TARC Q2 Results FY27?

Ans. The disclosed business factors are revenue growth of 1775.0% to Rs 128.81 Cr, a return to net profit of Rs 4.39 Cr and a net profit margin of 3.4%, all covered in the Key Business Factors section.

What are the key risks after TARC Q2 Results FY27?

Ans. Key risks include return on equity of 1.81%, return on capital employed of 2.31% and debt at 1.78 times total assets, while the Key Risks section also covers volatile quarterly net profit.

What is the outlook after TARC Q2 Results?

Ans. The FY27 outlook depends on subsequent quarterly results and disclosed sector conditions, so the Rs 4.39 Cr net profit is one data point in the sequence, as the Outlook section explains.

Where can I find the complete TARC Q2 Results FY27 data?

Ans. The complete TARC Q2 Results FY27 data is in the Financial Highlights table of this article and in the Univest Screener, which lists the consolidated figures for TARC alongside other filings.