Shalimar Paints net loss at Rs 3.68 cr for Q2FY21

New Delhi: Shalimar Paints Ltd’s consolidated net loss fell to Rs 3.68 crore in the second quarter of current fiscal as compared to Rs 5.27 crore in the same quarter of the previous fiscal.

Company's net income fell 6 percent at Rs 76 crore in the second quarter of current fiscal as compared to Rs 82 crore in the same quarter of the previous fiscal, the company said in a regulatory filing.

“Although the results were a little muted in the first half due to the phase wise reopening of the economy, our month on month results quickly picked up pace,” said Ashok Gupta, MD, Shalimar Paints. 

 

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