Parsvnath Developers reports Rs 1.28 billion loss in Q2 FY25

18 Nov 2024 CW Team

Parsvnath Developers, a prominent realty firm, reported a significant increase in its consolidated net loss for the September quarter, which widened to Rs 1.28 billion. This marked a substantial rise from the Rs 740.85 million loss recorded during the same period in the previous year. In addition to the increased loss, the company’s total income for the quarter also saw a sharp decline, dropping to Rs 480.37 million. This was a notable decrease from Rs 1.17 billion in the second quarter of the previous fiscal year, as disclosed in the company’s regulatory filing on Thursday.

The firm, headquartered in Delhi, has been actively involved in the development of various residential and commercial projects across the Delhi-NCR region and other states in India. Despite the challenges reflected in its financial results, Parsvnath Developers continues to have a presence in the real estate market through its on-going and completed projects.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..