Shalimar Paints reports consolidated net loss of Rs 12.73 crore in the March 2022 quarter

Sales decline 5.55% to Rs 105.54 crore

Net Loss of Shalimar Paints reported to Rs 12.73 crore in the quarter ended March 2022 as against net loss of Rs 28.56 crore during the previous quarter ended March 2021. Sales declined 5.55% to Rs 105.54 crore in the quarter ended March 2022 as against Rs 111.74 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 64.24 crore in the year ended March 2022 as against net loss of Rs 49.87 crore during the previous year ended March 2021. Sales rose 10.00% to Rs 358.10 crore in the year ended March 2022 as against Rs 325.56 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales105.54111.74 -6 358.10325.56 10 OPM %0.15-1.17 --6.281.12 - PBDT-3.520.15 PL -40.02-8.47 -372 PBT-6.79-3.18 -114 -53.48-21.79 -145 NP-12.73-28.56 55 -64.24-49.87 -29

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