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HomeNewsTop NewsShalimar Paints posts net loss of Rs 10.75 crore in Q2 FY23

Shalimar Paints posts net loss of Rs 10.75 crore in Q2 FY23

The company's net consolidated income stood at Rs 111.83 crore in Q2 FY23, a growth of of 22.90 per cent from Rs 90.99 crore it recorded in the similar quarter last year.

Shalimar Paints has reported net consolidated loss after tax of Rs 10.75 crore during the quarter ended September 30, 2022. It had recorded loss after tax of Rs 16.81 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated income stood at Rs 111.83 crore in Q2 FY23, a growth of of 22.90 per cent from Rs 90.99 crore it recorded in the similar quarter last year.

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