DB Realty Ltd announces Q3 FY13 Results

Parsvnath Developers Limited (PDL), India’s leading real estate and integrated infrastructure developer having a diversified portfolio registered operating revenue of Rs.148 Crores and Profit before Tax of Rs.32 Crores in third quarter ended on December 31, 2012. EBIDTA stood at 115 Cr and EBIDTA margins stood at 78 % for the same period.

All figures in the press release are consolidated in Rs crore unless stated otherwise

Mumbai, February 9th, 2013: DB Realty Ltd, one of India’s leading real estate developer today

announced its results for the quarter ended Q3 FY13.

Commenting on the results, Mr. Vipul Bansal, CEO, DB Realty said “The last quarter has seen

good pick up in sales combined with higher per sq ft realization. We have also made good progress

in getting key approvals for our about to be launched projects. Our endeavour would be to

maintain the same momentum.”

Business Highlights – Q3 FY13

Step up in sales value (Rs 4,325 mn) 

Launch of DB Crown – Tower C, Mumbai  and DB Golf Links, Pune

46% growth in collect  ions amounting to Rs. 1384 mn as compared to quarter on quarter