August 14, 2019

Parsvnath's net loss reported at Rs 91.18 crore in Q1 FY20

[ by Legal Era News Network ]


Parsvnath developers reported a net loss of Rs. 91.08 crore in the quarter ended June 2019.

SN Dhawan & Co in its audit review of the company said that the company is exploring alternative source of finance including sale of non-core assets to overcome this liquidity shortage.

The company, in its BSE filing informed that during the quarter, Parsvnath dis-invested all of its shareholdinq in Parsvnath Telecom, one of its subsidiary.

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