Business Standard

Parsvnath PAT up 129 per cent

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BS Reporter New Delhi

Real estate company Parsvnath Developers today said its first-quarter net income jumped 118 per cent to Rs 259 crore, compared to Rs 119 crore in the same period last year.

Profit after tax (PAT) increased 129 per cent to Rs 32 crore, compared to Rs 14 crore in the year-ago period.

“There has been constant demand in the residential market and it helped us achieve a healthy growth,” said Pradeep Jain, chair-man, Parsvnath Develo-pers.

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First Published: Aug 12 2010 | 1:05 AM IST

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