*Parsvnath Developers *announced a 95.18% fall in consolidated net profit after tax to Rs 54.21 million for the quarter ended Dec. 31, 2008 as against Rs 1,125.72 million for quarter ended Dec. 31, 2007.
The consolidated total Income declined 80.28%, from Rs 4,970.96 million for the quarter ended Dec 31, 2007 to Rs 980.15 million for the quarter ended Dec 31, 2008.. The company announced a substantial drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 95.34% to Rs 53.38 million from Rs 1,146.57 million in the same quarter last year. Net sales declined 80.79% to Rs 876 million, while total income for the quarter fell 80.94% to Rs 928.86 million, when compared with the prior year period. The company reported earnings of Rs 0.29 a share during the quarter, registering 95.33% decline over prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 876.46 4,563.69 (80.79) *Net Profit* 53.38 1,146.57 (95.34) *Basic EPS* 0.29 6.21 (95.33) The company is one of the leading real estate development companies in India with operations in 37 cities and 13 states of India. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
