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Parsvnath Q1 net profit flat at Rs 4.58 crore

Its net profit stood at Rs 4.64 crore in the year-ago period

Press Trust of India  |  New Delhi 

Realty firm Parsvnath Developers Ltd on Saturday reported a marginal decline in net profit at Rs 4.58 crore for the quarter ended June on lower sales. Its net profit stood at Rs 4.64 crore in the year-ago period, the company said in a regulatory filing. Income from operations fell to Rs 86.65 crore during the first quarter of the current financial year, from Rs 134.18 crore in the year-ago period. "The real estate sector still needs to gain consistent momentum. Though there has been an uptick in commercial real estate but the residential segment is witnessing a slow ...

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Parsvnath Q1 net profit flat at Rs 4.58 crore

Its net profit stood at Rs 4.64 crore in the year-ago period

Its net profit stood at Rs 4.64 crore in the year-ago period Realty firm Parsvnath Developers Ltd on Saturday reported a marginal decline in net profit at Rs 4.58 crore for the quarter ended June on lower sales. Its net profit stood at Rs 4.64 crore in the year-ago period, the company said in a regulatory filing. Income from operations fell to Rs 86.65 crore during the first quarter of the current financial year, from Rs 134.18 crore in the year-ago period. "The real estate sector still needs to gain consistent momentum. Though there has been an uptick in commercial real estate but the residential segment is witnessing a slow ... image
Business Standard
177 22

Parsvnath Q1 net profit flat at Rs 4.58 crore

Its net profit stood at Rs 4.64 crore in the year-ago period

Realty firm Parsvnath Developers Ltd on Saturday reported a marginal decline in net profit at Rs 4.58 crore for the quarter ended June on lower sales. Its net profit stood at Rs 4.64 crore in the year-ago period, the company said in a regulatory filing. Income from operations fell to Rs 86.65 crore during the first quarter of the current financial year, from Rs 134.18 crore in the year-ago period. "The real estate sector still needs to gain consistent momentum. Though there has been an uptick in commercial real estate but the residential segment is witnessing a slow ...

image
Business Standard
177 22