Parsvnath Developers Ltd has reported a consolidated net loss of Rs347.27 crore for the financial year 2024–25, citing lower income and ongoing sectoral headwinds. While the loss marks an improvement from the Rs594.13 crore deficit posted in the previous fiscal, the company’s total income also declined sharply—from Rs493.72 crore in FY24 to Rs303.45 crore in FY252.
The Delhi-headquartered firm, known for its residential and commercial projects across North India, continues to navigate a challenging real estate environment. The Board of Directors, in its meeting held on September 2, 2025, reviewed and approved the financial results for the year ended March 31, 2025. No dividend was recommended for the fiscal, reflecting the company’s ongoing financial constraints.
Auditor observations highlighted uncertainties related to arbitration proceedings with the Delhi Metro Rail Corporation (DMRC) and other project-related disputes, which continue to impact the company’s financial outlook. Despite these challenges, management remains cautiously optimistic, citing broader improvements in the real estate sector and a focus on operational recovery.
Parsvnath Developers has been a prominent player in North India’s real estate landscape, but the latest results underscore the pressure developers face amid rising costs, regulatory hurdles, and shifting buyer sentiment. The company’s ability to stabilize income and resolve legacy issues will be key to its turnaround in the coming quarters.
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