Parsvnath Developers Ltd’s net loss jumps 76% at Rs 109 cr for Q4FY21

New Delhi: Realty player Parsvnath Developers Ltd’s consolidated net loss jumped 76 percent at Rs 109 crore in the fourth quarter of the last fiscal as compared to a net loss of Rs 62 crore in the same quarter of the previous fiscal.

The consolidated total income of the company declined 74 percent to Rs 273 crore in the fourth quarter of the last fiscal as compared to Rs 1,060 crore in the same quarter of the previous fiscal, the company said in a regulatory filing. 

For the whole of last fiscal, the company’s consolidated net loss jumped about 18 percent at Rs 428 crore as compared to a net loss of Rs 363 crore in the previous fiscal. The total income of the company fell 66 percent at Rs 430 crore for the last fiscal as compared to Rs 1,268 crore in the previous fiscal.

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