Parsvnath Developers standalone net dips 10% in Q1

Parsvnath Developers Ltd has reported a 10 per cent dip in its standalone net profit to Rs 18.46 crore for the first quarter ended June 30, against Rs 20.51 crore in the corresponding period a year ago. Total income from operations on a standalone basis fell 35 per cent to Rs 101.30 crore in the period against Rs 156.75 crore in the same period a year ago.Parsvnath shares on the BSE were up 1.16 per cent to Rs 39 on Tuesday.