Real estate firm Parsvnath Developers Ltd today reported a 16 per cent dip in net profit at Rs 71 crore for the first quarter ended June 30, compared to Rs 84 crore in the year-ago period on account of increase in interest, personnel and input costs.
The net sales of the company was up at Rs 372 crore for the quarter, compared to net sales of Rs 357 crore in the corresponding quarter last year, the company said.