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

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Press Trust of India New Delhi

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.

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First Published: Nov 12 2010 | 4:47 PM IST

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