Parsvnath Developers Q1 net profit up 129% to Rs32 crore
Moneylife Digital Team 12 August 2010

Parsvnath Developers Ltd said its first quarter net profit stood at Rs32 crore, a growth of 129%, from Rs14 crore in the same period last fiscal.

For the June 2010 quarter, Parsvnath's total revenues increased to Rs259 crore, a rise of 118%, from Rs119 crore.

On Thursday, Parsvnath Developers shares ended 2.5% up to Rs138 on the Bombay Stock Exchange, while the benchmark Sensex closed flat at 18,073 points.
 

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