Parsvnath Developers Q2 net profit down 19% at Rs 49 cr

Leading realty player Parsvnath Developers today said its consolidated net profit declined by 19 per cent to Rs 49.77 crore in the September quarter.

The company had posted a profit of Rs 61.43 crore for the same period a year ago.

However, the firm's revenue during the three months ended September was up 14.38 per cent at Rs 197.96 crore.

In the year-ago period, Parsvnath had achieved a revenue of Rs 173.07 crore.