Parsvnath Developers reports consolidated net profit of Rs 5.93 crore in the March 2016 quarter

Sales decline 73.06% to Rs 71.73 crore

Net profit of Parsvnath Developers reported to Rs 5.93 crore in the quarter ended March 2016 as against net loss of Rs 140.91 crore during the previous quarter ended March 2015. Sales declined 73.06% to Rs 71.73 crore in the quarter ended March 2016 as against Rs 266.22 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 35.57 crore in the year ended March 2016 as against net loss of Rs 107.66 crore during the previous year ended March 2015. Sales declined 48.39% to Rs 391.97 crore in the year ended March 2016 as against Rs 759.54 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales71.73266.22 -73 391.97759.54 -48 OPM %16.8454.78 -22.7642.75 - PBDT-16.41103.47 PL -59.09162.09 PL PBT-23.5398.98 PL -88.00156.68 PL NP5.93-140.91 LP -35.57-107.66 67

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