Shalimar Paints has reported results for first quarter ended June 30, 2012.
On the standalone basis, the company has posted a rises of 35.50% in its net profit at Rs 3.13 crore for the quarter ended June 30, 2012 as compared to Rs 2.31 crore for the same quarter in the previous year. Company’s total income (excluding Other Income) has increased by 20.80% at Rs 122.44 crore for quarter under review as compared to Rs 101.36 crore for the quarter ended June 30, 2011.
Shalimar Paints incorporated in 1902, is one of the leading paints manufacturing companies in India. The company has a colour bank of 9000 shades.
