Shalimar Paints reports net loss of Rs 10.29 crore in the March 2014 quarter

Sales decline 8.75% to Rs 127.46 crore

Net loss of Shalimar Paints reported to Rs 10.29 crore in the quarter ended March 2014 as against net profit of Rs 0.37 crore during the previous quarter ended March 2013. Sales declined 8.75% to Rs 127.46 crore in the quarter ended March 2014 as against Rs 139.68 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 2.80 crore in the year ended March 2014 as against net profit of Rs 11.01 crore during the previous year ended March 2013. Sales declined 3.98% to Rs 479.01 crore in the year ended March 2014 as against Rs 498.84 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales127.46139.68 -9 479.01498.84 -4 OPM %-8.303.38 -3.047.63 - PBDT-13.040.45 PL 0.0821.62 -100 PBT-14.03-0.09 -15489 -3.6017.77 PL NP-10.290.37 PL -2.8011.01 PL

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