Moneycontrol PRO
HomeNewsBusinessStocksParsvnath Developers, BGR Energy up 7% on robust Q2 numbers

Parsvnath Developers, BGR Energy up 7% on robust Q2 numbers

BGR Energy Systems' Q2 net profit increased by 37.5 percent at Rs 11 crore, while total income was down at Rs 827.6 crore.

December 09, 2016 / 10:56 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Moneycontrol BureauShares of Parsvnath Developers and BGR Energy Systems advanced 7 percent intraday Monday on the back of strong numbers declared by the companies in the quarter ended September 2016.Parsvnath Developers' Q2 (July-September) net loss has decreased to Rs 6.2 crore from a loss of Rs 12.3 crore, reported in the same quarter last fiscal.The company's total income was up at Rs 48.9 crore and EBITDA was at Rs 5 crore versus EBITDA loss of Rs 2.3 crore.BGR Energy Systems' Q2 net profit increased by 37.5 percent at Rs 11 crore, while total income was down at Rs 827.6 crore.Its EBITDA was down at Rs 75.2 crore and EBITDA margin was unchanged at 9.1 percent.At 12:33 hrs Parsvnath Developers was quoting at Rs 13 up 4.50 percent AND BGR Energy Systems was quoting at Rs 117.25, up 4.04 percent on the BSE.Posted by Rakesh Patil

    first published: Dec 5, 2016 12:39 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
    CloseOutskill Genai