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

  • Former CM Farooq Abdullah Detained Under The J&K Public Safety Act Which Allows Detention Without Trial For 2 Years

    Former Jammu and Kashmir chief minister and National Conference leader Farooq Abdullah who is presently a member of the Rajya Sabha, has been detained...

    Read More
  • HDIL’s Rakesh, Sarang Wadhawan Arrested And Produced Before Court As ED Charges Them With Money Laundering

    Housing Development and Infrastructure Ltd (HDIL) executives Rakesh Wadhawan and Sarang Wadhawan, who were arrested by the Economic Offences Wing (EOW...

    Read More
  • NCLAT ruling in Essar Steel-ArcelorMittal set aside by Supreme Court

    The Supreme Court has set aside the National Company Law Appellate Tribunal's (NCLAT) ruling in the Essar Steel-ArcelorMittal case that provided for e...

    Read More