New Delhi, Feb 14 (PTI) Realty firm Parsvnath Developers Ltd on Monday reported a consolidated net loss of Rs 68.87 crore for the quarter ended in December.

Its net loss stood at Rs 126.32 crore in the year-ago period.

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Total income rose to Rs 301.44 crore in the third quarter of this fiscal year from Rs 73.42 crore in the corresponding period of the previous year, according to a regulatory filing.

Parsvnath group has presence across over 37 major cities across 13 states. The company has already delivered 68 projects.

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In November, the company tied up with Unity Buildwell to develop a 4 lakh square feet luxury retail mall in West Delhi and both partners expect rental income of at least Rs 100 crore annually from this project.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)