Shalimar Paints posts net loss of Rs 6.24 crore in Q3 FY23, Real Estate News, ET RealEstate

June 24, 2023

NEW DELHI: Shalimar Paints has reported consolidated net loss of Rs 6.24 crore in the quarter ended December 31, 2022. It had recorded loss after tax of Rs 12.87 crore in the corresponding quarter of the previous year.

The company’s consolidated total income stood at Rs 130.06 crore in Q3 FY23, a growth of 31.36 per cent from Rs 99.01 crore in the similar quarter of the last year.

The board of directors appointed Shan Jain as an additional director of the company, in the capacity of non-executive independent director, for a term of three consecutive years with effect from February 13, 2023.

Its total income during the nine months of FY23 was Rs 353.33 crore as against Rs 255.19 crore, resulting in a growth of 38.46 per cent. Its loss after tax during the same period was 26.62 crore as against Rs 51.45 crore in 9M FY22.

  • Published On Feb 13, 2023 at 04:30 PM IST

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