Shalimar Paints reports consolidated net loss of Rs 28.56 crore in the March 2021 quarter

Sales rise 33.93% to Rs 111.74 crore

Net Loss of Shalimar Paints reported to Rs 28.56 crore in the quarter ended March 2021 as against net loss of Rs 22.36 crore during the previous quarter ended March 2020. Sales rose 33.93% to Rs 111.74 crore in the quarter ended March 2021 as against Rs 83.43 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 49.87 crore in the year ended March 2021 as against net loss of Rs 38.18 crore during the previous year ended March 2020. Sales declined 5.32% to Rs 325.56 crore in the year ended March 2021 as against Rs 343.85 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales111.7483.43 34 325.56343.85 -5 OPM %-1.17-40.52 -1.11-9.75 - PBDT0.15-38.66 LP -8.48-52.25 84 PBT-3.18-41.97 92 -21.78-63.10 65 NP-28.56-22.36 -28 -49.87-38.18 -31

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