TARC Widens Consolidated Net Loss in Fiscal Q4

MT Newswires Live
05-30

TARC (NSE:TARC, BOM:543249) widened its consolidated attributable net loss to 1.05 billion Indian rupees in the fiscal fourth quarter ended March 31, against 517.5 million rupees a year ago.

Loss per share grew to 3.54 rupees compared with a loss per share of 1.75 rupees, according to a Thursday filing to the Indian stock exchanges by the real estate developer.

Revenue from operations in fiscal Q4 increased to 118.2 million rupees from 94.8 million rupees a year earlier.

The company's shares were up nearly 1% in recent trade.

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