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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

[X]  Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934

     For the quarterly period ended        September 30, 2003
                                           ------------------

[ ]  Transition Report pursuant to 13 or 15(d) of the Securities Exchange
     Act of 1934

      For the transition period                       to
                                    ------------------   --------------------

      Commission file number: 001-31669
                              ---------


                                    TARI INC.
               ---------------------------------------------------
             (Exact name of Registrant as specified in its charter)


            Nevada                                        98-0339560
------------------------------              ------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

                        700 West Pender Street, Suite 802
                   Vancouver, British Columbia, Canada V6C 1G8
                   -------------------------------------------
                    (Address of principal executive offices)

                                 (604) 685-3317
               --------------------------------------------------
               Registrant's telephone number, including area code

                                      None
     -----------------------------------------------------------------------
   (Former name, former address and former fiscal year, if changed since last
                                    report)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act of 1934  during the  preceding  12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [ ] Yes [X] No

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest  practicable date:  3,890,000 shares of $0.001 par value
common stock outstanding as of June 17, 2004.

<PAGE>



                                    TARI INC.

                        (A Pre-exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                      September 30, 2003 and March 31, 2003

                             (Stated in US Dollars)

                                   (Unaudited)
                                   -----------

<PAGE>


                                    TARI INC.
                        (A Pre-exploration Stage Company)
                             INTERIM BALANCE SHEETS
                      September 30, 2003 and March 31, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   ------------
<TABLE>
<CAPTION>
                                                                              September 30,        March 31,
                                                     ASSETS                       2003                2003
                                                     ------                       ----                ----

<S>                                                                            <C>                <C>
Current
   Cash                                                                      $       20,764     $       30,773
                                                                                ===========         ==========

                                                   LIABILITIES
                                                   -----------
Current
   Accounts payable and accrued liabilities                                  $          584     $        1,467
   Due to related party - Note 4                                                      2,155              2,155
                                                                                -----------         ----------
                                                                                      2,739              3,622
                                                                                -----------         ----------

                                              STOCKHOLDERS' EQUITY
                                              --------------------
Preferred stock, $0.001 par value
     10,000,000 shares authorized, none outstanding
Common stock, $0.001 par value
    100,000,000 shares authorized
      3,890,000 (March 31, 2003:  3,890,000) shares issued                            3,890              3,890
Additional paid-in capital                                                           90,610             90,610
Deficit accumulated during the pre-exploration stage                            (    76,475)       (    67,349)
                                                                                -----------          ---------
                                                                                     18,025             27,151
                                                                                -----------          ---------
                                                                             $       20,764     $       30,773
                                                                                ===========          =========
</TABLE>



                             SEE ACCOMPANYING NOTES

<PAGE>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF OPERATIONS
         for the three and six months ended September 30, 2003 and 2002
                         and for the period May 2, 2001
                  (Date of Incorporation) to September 30, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

<TABLE>
<CAPTION>
                                                                                                            May 2, 2001
                                                                                                          (Date of Incor-
                                              Three months ended                Six months ended            poration) to
                                                 September 30,                   September 30,             September 30,
                                             2003            2002             2003            2002              2003
                                             ----            ----             ----            ----              ----
<S>                                         <C>            <C>            <C>              <C>               <C>
Expenses
   Audit and accounting fees            $        3,761  $        2,612  $       4,761    $        3,612    $       17,105
   Bank charges                                     49              49             103              124               521
   Consulting fees                                   -           3,000               -            3,000            15,500
   Incorporation costs                               -               -               -                -               900
   Legal fees                                        -               -               -                -            26,460
   Office expenses                                   -               -               -                -               386
   Resource property - Note 3                      221               -           1,721            1,556             9,977
   Transfer agent and filing fees                  324               -           2,541              205             5,626
                                             ---------        --------         -------         --------           -------
Net loss for the period                 $   (    4,355) $   (    5,661) $   (    9,126)  $   (    8,497)   $       76,475
                                             ---------        --------         -------         --------           =======
Loss per share                           $  (     0.00) $   (     0.00) $   (     0.00)  $   (     0.00)
                                             =========       =========       =========         ========
Weighted average number of
 shares outstanding                          3,890,000       2,500,000       3,890,000        2,500,000
                                             =========       =========       =========        =========
</TABLE>





                            SEE ACCOMPANYING NOTES


<PAGE>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF CASH FLOWS
              for the six months ended September 30, 2003 and 2002
  and for the period May 2, 2001 (Date of Incorporation) to September 30, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

<TABLE>
<CAPTION>
                                                                                                    May 2, 2001
                                                                                                  (Date of Incor-
                                                                    Six months ended               poration) to
                                                                      September 30,                September 30,
                                                                 2003               2002               2003
                                                                 ----               ----               ----
<S>                                                            <C>                <C>                  <C>
Cash Flows from Operating Activities
   Net loss for the period                                  $ (       9,126)  $  (       8,497)  $  (      76,475)
   Change in non-cash working capital items
    related to operations:
     Accounts payable and accrued liabilities                 (         883)             4,612                584
     Accounts payable and accrued liabilities                             -              2,825              2,155
                                                                 ----------        -----------         -----------
                                                              (      10,009)     (       1,060)     (      73,736)
                                                                 ----------        -----------         -----------
Cash Flows provided by Financing Activities
   Stock subscriptions received                                           -              2,500                  -
   Proceeds from shares issued                                            -                  -             94,500
   Bank indebtedness                                                      -      (          39)                 -
                                                                 ----------        -----------          ---------
                                                                          -              2,461             94,500
                                                                 ----------        -----------          ---------
Increase (decrease) in cash during the period                 (      10,009)             1,401             20,764

Cash, beginning of the period                                        30,773                  -                  -
                                                                 ----------        -----------          ---------
Cash, end of the period                                     $        20,764   $          1,401   $         20,764
                                                                 ==========        ===========          =========
Supplementary disclosure of cash flow information
 Cash paid for:
     Interest                                               $             -    $             -    $             -
                                                                 ==========        ===========          =========
     Income taxes                                           $             -   $              -    $             -
                                                                 ==========        ===========          =========
</TABLE>


                           SEE ACCOMPANYING NOTES

<PAGE>



                                    TARI INC.
                        (A Pre-exploration Stage Company)
                       INTERIM STATEMENTS OF STOCKHOLDERS'
                 EQUITY (DEFICIENCY) for the period May 2, 2001
                  (Date of Incorporation) to September 30, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

<TABLE>
<CAPTION>
                                                                                             Deficit
                                                                                             Accumulated
                                               Common Shares               Additional        During the
                                     -----------------------------------   Paid-in        Pre-exploration
                                          Number          Par Value         Capital             Stage             Total
<S>                                        <C>           <C>               <C>             <C>               <C>
Capital stock issued for cash
                      - at $0.01            2,500,000 $     2,500      $     22,500     $          -       $    25,000
Net loss for the period ended
 March 31, 2002                                     -           -                 -        (   39,696)      (   39,696)
                                            ---------    --------         ---------        ----------        ----------
Balance, March 31, 2002                     2,500,000       2,500            22,500        (   39,696)      (   14,696)
Capital stock subscribed  pursuant
to an offering  memorandum for cash
                      - at $0.05            1,390,000       1,390            68,110                -            69,500
Net loss for the year  ended   March
31, 2003                                            -           -                 -        (   27,653)      (   27,653)
                                            ---------   ---------        ----------       -----------        ----------
Balance, March 31, 2003                     3,890,000       3,890            90,610        (   67,349)          27,151

Net  loss  for  the   period   ended
 September 30, 2003                                 -          -                 -         (    9,126)      (    9,126)
                                            ----------  ---------        ----------       -----------        ----------
Balance, September 30, 2003                 3,890,000 $     3,890      $     90,610 $      (   76,475)     $     18,025
                                            ==========  =========        ==========       ===========        ==========
</TABLE>


                          SEE ACCOMPANYING NOTES

<PAGE>


                                    TARI INC.
                        (A Pre-exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                               September 30, 2003
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

Note 1        Interim Reporting
              -----------------

              While information  presented in the accompanying interim financial
              statements is unaudited, it includes all adjustments which are, in
              the  opinion  of  management,  necessary  to  present  fairly  the
              financial  position,  results of operations and cash flows for the
              interim  period  presented.   All  adjustments  are  of  a  normal
              recurring  nature.  It is suggested  that these interim  financial
              statements be read in  conjunction  with the  Company's  March 31,
              2003 financial statements.

Note 2        Continuance of Operations
              -------------------------

              The  financial  statements  have  been  prepared  using  generally
              accepted  accounting  principles  in the United  States of America
              applicable for a going concern which assumes that the Company will
              realize its assets and discharge its  liabilities  in the ordinary
              course of business.  The Company has accumulated losses of $76,475
              since its commencement. Its ability to continue as a going concern
              is  dependent  upon the  ability  of the  Company  to  obtain  the
              necessary   financing  to  meet  its   obligations   and  pay  its
              liabilities arising from normal business operations when they come
              due.

Note 3        Commitments - Note 5
              -----------

              Mining Lease

              By a lease  agreement  effective  May 15, 2001 and  amended  April
              2002,  November  2002 and April 2003 the  company  was granted the
              exclusive  right to  explore  and mine  the SF  resource  property
              located in Storey County of the State of Nevada.  The term of this
              lease is for 20 years,  renewable  for an  additional  20 years so
              long as the conditions of the lease are met.  Minimum payments and
              performance commitments are as follows:

              Minimum Advance Royalty Payments:

              The owner shall be paid a royalty of 4% of the net smelter returns
              from all  production.  In respect to this royalty,  the company is
              required to pay minimum advance royalty payments of the following:
                -        $5,000 upon execution (paid)
                -        $1,250 on or before May 15, 2002 (paid)
                -        $1,500 on or before November 30, 2002 (paid)
                -        $1,500 on or before April 15, 2003 (paid)
                -        $20,750 on or before October 15, 2003 (see Note 5)
                -        $20,000 on May 15, 2004
                -        $25,000 on May 15, 2005
                -        $50,000 on May 15, 2006 and thereafter

<PAGE>


Note 3        Commitments - Note 5 (continued)
              -----------

                  The Company can reduce the net smelter  return royalty to 0.5%
                  by payment of a buy-out price of $5,000,000.  Advance  royalty
                  payments  made to the date of the  buy-out  will be applied to
                  reduce the buy-out price.

                  Performance Commitment:

                  In the event that the Company  terminates the lease after June
                  1, of any year it is  required  to pay all  federal  and state
                  mining claim  maintenance  fees due that year.  The Company is
                  required  to  perform  reclamation  work  in the  property  as
                  required  by  federal  state and  local  law for  disturbances
                  resulting from the Company's activities on the property.

                  Please  refer to Note 5 for the  subsequent  amendment  to the
                  Mineral Claims Lease.

Note 4        Due to Related Party
              --------------------

              The amount due to related  party of $2,155 is due to the president
              of the Company. The amount due is non-interest bearing,  unsecured
              and has no specific terms for repayment.


Note 5        Subsequent Event
              ----------------

              On January 9, 2004, the Company  amended the lease agreement dated
              effective  May 15,  2001 with  regards to the  Schedule of minimum
              advance royalty payments. Under the amended agreement, the Company
              is required to make minimum advance royalty payments as follows:

                -      $2,000 upon execution of the amendment
                       (paid January 30, 2004);
                -      $5,000 by July 9, 2004;
                -      $10,000 by January 9, 2005;
                -      $50,000 each January 9 thereafter  until  termination of
                       the lease.   This amount will be adjusted based on the
                       inflation rates designated by the Consumer Price Index.

<PAGE>

Item 2.           Management's Discussion and Analysis or Plan of Operation


Forward Looking Statements

This quarterly report contains forward-looking statements that involve risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking  statements  for many  reasons,  including the risks faced by us
described in this Risk Factors section and elsewhere in this quarterly report.


Plan of Operation

Our plan of operation for the twelve months following the date of this report is
to complete the recommended  phase one exploration  program on the SP project in
which we hold a leasehold interest. We anticipate that this program will cost us
$89,000.

In January  2004,  we amended  our mineral  claims  agreement  regarding  the SP
Project  located in Storey  County  Nevada.  We paid the lessor of the  property
$2,000  upon  execution  of the  agreement.  In order to keep the  lease in good
standing,  we must pay the lessor $5,000 by July 9, 2004,  $10,000 by January 9,
2005, and $50,000 per year thereafter.

In addition,  we anticipate spending $10,000 on professional fees and $12,000 on
administrative expenses.

Total  expenditures  over  the  next 12  months  are  therefore  expected  to be
$126,000.  Our cash on hand at September 30, 2003 was $20,764.  Accordingly,  we
will  need to  raise  additional  funds in order  to  complete  the  recommended
exploration  program on the SP project and meet our other expected expenses.  We
do not currently have any arrangements for raising additional funding.

Results of Operations for the second quarter-ended September 30, 2003


We  incurred  a net loss of $9,126 for the second  quarter-ended  September  30,
2003,  as compared to a loss of $8,497 in the same period in 2002.  The increase
in net loss was primarily  due to an increase in audit fees.  During the quarter
ended  September  30,  2003,  we incurred  audit and  accounting  fees of $4,761
($3,612 - 2002) in  connection  with the audit of March 2003 and  reviews of the
subsequent quarters, June and September, 2003. At the end of the second quarter,
we had cash on hand of $20,764. Our liabilities at the same date totalled $2,739
and consisted of accounts payable of $584 and $2,155 due to the president.

Item 3.           Controls and Procedures


Our principal  executive  officer and principal  financial officer has concluded
that  the   effectiveness   of  our  controls  and  procedures  (as  defined  in
ss.240.13a-14(c)  and 240.15d-14(c)),  as of September 30, 2003, are sufficient.
There have been no changes in internal controls in the previous period.

<PAGE>

PART II  OTHER INFORMATION

Item 1.           Legal Proceedings

The Company is not a party to any pending  legal  proceeding.  Management is not
aware of any threatened litigation, claims or assessments.

Item 2.           Changes in Securities

None.

Item 3.            Defaults upon Senior Securities

None.

Item 4.           Submission of Matters to a Vote of Security Holders

None.

Item 5.            Other Information

None.

Item 6.            Exhibits and Report on Form 8-K

 31.1      Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
           to Section 302 of the Sarbanes-Oxley Act of 2002
 31.2      Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
           to Section 906 of the Sarbanes-Oxley Act of 2002
 32.1      Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
           to Section 906 of the Sarbanes-Oxley Act of 2002
 32.2      Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
           to Section 906 of the Sarbanes-Oxley Act of 2002

There  were no  reports  filed on Form  8-K  during  the  second  quarter  ended
September 30, 2003.

SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

                                           Tari Inc.
                                           /s/ Theodore Tsagkaris
                                           ------------------------------------
                                           Theodore Tsagkaris
                                           President, Secretary, Treasurer
                                           Chief Executive Officer and Director
                                           (Principal Executive Officer,
                                           Principal Financial Officer and
                                           Principal Accounting Officer)
                                           Dated: June 17, 2004

<PAGE>