Parsvnath posts 5% increase in net

Real estate firm Parsvnath has reported a 5 per cent jump in its net profit to Rs 15.56 crore for the quarter ended June compared with Rs 15 crore in the same period a year ago. Revenue increase 4 per cent to Rs 188.86 crore (Rs 181.88 crore). The company said in a statement said the jump in revenue and PAT was the result of its ‘House of Happiness Scheme’ launched in May.