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.

Related Post

latest News

  • Group Of Jaypee Infratech Homebuyers Approach Supreme Court Challenging NCLAT Order On Resolution Plan

    A group of Jaypee homebuyers has approached the Supreme Court challenging the National Company Law Appellate Tribunal (NCLAT) order.

    Read More
  • Arguments for Bail for Kamal Haasan

    Actor-turned-politician, Kamal Haasan, was granted anticipatory bail in the case filed against his remarks at a political speech made by him on May 12...

    Read More
  • SEBI circular on Framework for Issue of Depository Receipts

    The Securities and Exchange Board of India (SEBI) has introduced a framework for issuance of depository receipts by companies listed or to be listed i...

    Read More