DB Realty registers net loss of Rs 2.07 cr in Q1
Quotes

DB Realty registers net loss of Rs 2.07 cr in Q1

Last Updated: Saturday, August 11, 2012, 20:09
 
 Comment 1
 
DB Realty registers net loss of Rs 2.07 cr in Q1
New Delhi: DB Realty on Saturday reported a consolidated net loss of Rs 2.07 crore for the first quarter ended June 30, due to lower sales.

The real estate developer had posted a net profit of Rs 41.14 crore in the year-ago period.

Net sales of the company declined by 62 percent to Rs 84.92 crore during April-June, 2012 quarter from
Rs 221.50 crore in the corresponding period last fiscal, D B Realty said in a BSE filing.

The company has a portfolio of 70 million sq ft of prime property across 25 projects. Most of the projects are based in and around Mumbai, and are under various stages of planning and construction.

PTI



First Published: Saturday, August 11, 2012, 20:09


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved