Parsvnath Developers Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors considered and approved these results in a meeting held on February 11, 2026. On a standalone basis, the company reported a total income of ₹2,021.74 lakhs for the quarter, a slight increase from ₹1,687.58 lakhs in the same period last year. However, total expenses surged to ₹7,106.69 lakhs from ₹4,887.89 lakhs. This led to a significant loss before exceptional items and tax of ₹5,084.95 lakhs for the quarter, compared to ₹3,200.31 lakhs in Q3 FY25. For the nine months ended December 31, 2025, the total income was ₹5,380.21 lakhs, with total expenses at ₹22,401.60 lakhs, resulting in a loss before tax of ₹10,137.83 lakhs. The net loss after tax for the quarter stood at ₹5,084.95 lakhs, and for the nine months, it was ₹10,137.83 lakhs. Consolidated financial results showed a total income of ₹6,796.10 lakhs for the quarter, up from ₹5,989.30 lakhs in the previous year. Expenses, however, rose substantially to ₹21,744.75 lakhs from ₹15,298.49 lakhs. This resulted in a loss before tax of ₹14,948.65 lakhs for the quarter, compared to ₹3,146.49 lakhs in Q3 FY25. For the nine months, the consolidated total income was ₹18,762.32 lakhs, with total expenses at ₹61,295.18 lakhs, leading to a loss before tax of ₹35,472.80 lakhs. The consolidated net loss after tax for the quarter was ₹14,948.65 lakhs, and for the nine months, it was ₹36,252.36 lakhs. The company's notes to accounts highlight several ongoing legal disputes and arbitration proceedings with various entities, including DMRC, Chandigarh Administration, and PSIEC, related to project delays, contract terminations, and land allotments. Management believes the company has a favorable case in most of these matters, and provisions have been made based on legal opinions.
