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Parsvnath Developers reports standalone net loss of Rs 26.06 crore in the June 2017 quarter

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Capital Market

Sales decline 42.93% to Rs 49.46 crore

Net loss of Parsvnath Developers reported to Rs 26.06 crore in the quarter ended June 2017 as against net profit of Rs 4.58 crore during the previous quarter ended June 2016. Sales declined 42.93% to Rs 49.46 crore in the quarter ended June 2017 as against Rs 86.66 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales49.4686.66 -43 OPM %-12.2146.88 -PBDT-33.5314.86 PL PBT-36.2212.73 PL NP-26.064.58 PL

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First Published: Aug 14 2017 | 5:27 PM IST

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