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

Last Updated: Fri, Nov 12, 2010 12:10 hrs

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.

Parsvnath wins Delhi land bid for Rs1,651 crore

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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