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Parsvnath Developers standalone net profit declines 1.51% in the June 2016 quarter

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Capital Market

Sales decline 35.43% to Rs 86.23 crore

Net profit of Parsvnath Developers declined 1.51% to Rs 4.58 crore in the quarter ended June 2016 as against Rs 4.65 crore during the previous quarter ended June 2015. Sales declined 35.43% to Rs 86.23 crore in the quarter ended June 2016 as against Rs 133.54 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales86.23133.54 -35 OPM %47.0921.93 -PBDT14.869.37 59 PBT12.736.96 83 NP4.584.65 -2

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First Published: Sep 12 2016 | 7:22 PM IST

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