Shalimar Paints reports standalone net loss of Rs 16.07 crore in the March 2018 quarter

Sales decline 18.78% to Rs 60.22 crore

Net Loss of Shalimar Paints reported to Rs 16.07 crore in the quarter ended March 2018 as against net loss of Rs 12.81 crore during the previous quarter ended March 2017. Sales declined 18.78% to Rs 60.22 crore in the quarter ended March 2018 as against Rs 74.14 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 45.42 crore in the year ended March 2018 as against net loss of Rs 9.62 crore during the previous year ended March 2017. Sales declined 22.47% to Rs 271.19 crore in the year ended March 2018 as against Rs 349.78 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales60.2274.14 -19 271.19349.78 -22 OPM %-17.04-9.71 --12.613.87 - PBDT-17.49-11.10 -58 -59.21-6.85 -764 PBT-21.58-16.22 -33 -67.07-14.98 -348 NP-16.07-12.81 -25 -45.42-9.62 -372

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