Mumbai, July 7 -- The company reported quarterly pre-sales of Rs 602 crore in Q1 FY27, nearly three times the level recorded in the corresponding quarter last year.

Collections stood at Rs 305 crore with YoY growth of 80%, supported by solid customer conversions, collection efficiency resulting in strong cash flow visibility.

The company said it continues to make steady progress on the construction of its ongoing projects while advancing the design and planning of its upcoming luxury and ultra-luxury developments.

Amar Sarin, managing director & chief executive officer (CEO), TARC, said, "The company has commenced FY2O27 on a strong note, with excellent sales momentum and collections reflecting strong demand for differentiated luxury, ...