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Parsvnath reports Rs 96-cr consolidated revenue for Q1FY15

Parsvnath reports Rs 96-cr consolidated revenue for Q1FY15
One of India’s leading realty and infrastructure developer group, Parsvnath Developers Ltd., has recently revealed in its FY15 first-quarter earnings report that the company’s consolidated revenue during the April-June 2014 quarter stood at Rs 96 crore. According to the figures shared by Parsvnath Developers, the company’s profit before tax for Q1FY15 was at Rs 12 [...] Continue Reading »

Indiabulls Real Estate Stock Rises

Indiabulls Real Estate Stock Rises
The real estate company’s stock rose by 64% in the last month, since the company’s performance was affected by anticipation of economic development. Goldman Sachs analysts say that better project executions and affordable valuations have made it the preferred stock. Standard Chartered analysts note that there has been a major improvement of main project executions [...] Continue Reading »

Q4 net loss of GVK Power and Infrastructure widens to Rs 235.46 crore

Q4 net loss of GVK Power and Infrastructure widens to Rs 235.46 crore
GVK Power and Infrastructure (GVKPIL) recently reported its fourth quarter earnings, revealing that the company had suffered a net loss of Rs 235.46 crore during the quarter. The figures reported by GVK imply that the company’s fourth-quarter net loss has widened year-on-year. In comparison to net loss figures for the reporting quarter, GVK had posted [...] Continue Reading »



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