Financial Daily from THE HINDU group of publications
Thursday, Jun 16, 2005
Financial Daily from THE HINDU group of publications Thursday, Jun 16, 2005 |
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Corporate Results
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Real Estate & Construction Parsvnath Developers net rises to Rs 65.89 cr Our Bureau
New Delhi , June 15 THE turnover of Parsvnath Developers Ltd has jumped to Rs 306.85 crore for the financial year ending March 31, 2005 from Rs 112.94 crore the previous year, registering a growth of 171.68 per cent, says a company release. The profit after tax rose to Rs 65.89 crore (Rs 18.41 crore), registering a growth of 257.90 per cent. The real estate development company proposes to declare a dividend at the rate of 20 per cent on the existing paid-up capital, besides issuing fully paid-up shares to shareholders in the ratio of five equity shares for every share held.
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