Real estate major Parsvnath Developers today reported a 28% decline in net profit to Rs 22.54 crore for the quarter ended December 31, 2011.

The company had posted a net profit of Rs 31.37 crore for the same quarter last fiscal.

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New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

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