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Parsvnath Developers posts Rs 109.56 crore loss in Q4 FY21

Total income fell to Rs 272.79 crore in the fourth quarter of last fiscal from Rs 1,060.74 crore in the corresponding period of the previous year, according to a regulatory filing.

Parsvnath Developers Ltd on Wednesday reported a consolidated net loss of Rs 109.56 crore for the quarter ended March 2021. Its net loss stood at Rs 62.66 crore in the year-ago period.

Total income fell to Rs 272.79 crore in the fourth quarter of last fiscal from Rs 1,060.74 crore in the corresponding period of the previous year, according to a regulatory filing.

Delhi-based Parsvnath posted a net loss of Rs 427.86 crore during the last financial year as against a net loss of Rs 363.23 crore in the 2019-20 fiscal.

Total income fell to Rs 429.62 crore in 2020-21 fiscal from Rs 1,268.24 crore in the previous year.

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