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Shalimar Paints report 24% rise in Q3 net profit

15 Jan 2013 Evaluate

Shalimar Paints has reported results for third quarter ended December 31, 2012.

The company has reported 24.40% rise in its net profit at Rs 4.69 crore for the quarter as compared to Rs 3.77 crore for the same quarter in the previous year. Total income of the company has increased by 14.19% at Rs 143.78 crore for quarter under review as compared to Rs 125.91 crore for the quarter ended December 31, 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.

Peers
Company Name CMP
Asian Paints 2451.10
Berger Paints India 460.35
Kansai Nerolac Paint 182.20
JSW Dulux 3168.00
Indigo Paints 1141.35
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