TARC Ltd, a leading real estate developer, has reported a net profit of Rs. 54 crore for the first quarter, buoyed by a surge in housing demand and timely execution of projects. The company’s performance reflects sustained strength in India’s residential property market, particularly in premium urban segments, where demand has remained resilient despite macroeconomic headwinds. Management credits disciplined cost control, a robust sales pipeline, and strategic land acquisitions for driving profitability.