New Delhi, May 28, 2015
Real estate company Parsvnath Developers Ltd’s net loss widened by more than six times at Rs.140.90 crore for the fourth quarter of financial year 2014-15, the company said in a statement on Monday. It had posted Rs.22.84 crore loss in the corresponding quarter in 2013-14. The total income from operations for the quarter more than doubled at Rs.267.31 crore against Rs.90.17 crore in the last quarter of 2013-14.
For the full financial year 2014-15, it has posted a loss of Rs.107.66 crore. The company had posted net profit of Rs.16.22 crore in fiscal 2013-14. The total income from operations was Rs.762.52 crore for the year ended March 31, 2015, an increase of 36 per cent compared with Rs.560.81 crore in 2013-14
Business Line
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