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Shalimar Paints - Quaterly Results

09 Nov 2023 Evaluate
The revenue zoomed 7.64% to Rs. 1191.40 millions for the quarter ended September 2023 as compared to Rs. 1106.80 millions during the corresponding quarter last year.The Net Loss for the quarter ended September 2023 is Rs. -256.10 millions as compared to Net Loss of Rs. -107.50 millions of corresponding quarter ended September 2022 Operating profit Margin for the quarter ended September 2023 further decreased to -178.20% as compared to -35.90% of corresponding quarter ended September 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 1191.40 1106.80 7.64 2447.70 2206.20 10.95 4855.50 3581.90 35.56
Other Income 23.00 11.50 100.00 39.10 27.40 42.70 72.10 49.30 46.25
PBIDT -178.20 -35.90 396.38 -208.30 -53.80 287.17 -75.10 -174.70 -57.01
Interest 43.30 40.60 6.65 83.00 84.10 -1.31 159.00 223.00 -28.70
PBDT -221.50 -76.50 189.54 -291.30 -137.90 111.24 -234.10 -471.80 -50.38
Depreciation 34.60 31.00 11.61 67.40 64.90 3.85 126.90 133.80 -5.16
PBT -256.10 -107.50 138.23 -358.70 -202.80 76.87 -361.00 -605.60 -40.39
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.90 -100.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.90 0.00
PAT -256.10 -107.50 138.23 -358.70 -202.80 76.87 -361.00 -599.70 -39.80
Equity 144.40 144.40 0.00 144.40 144.40 0.00 144.40 144.40 0.00
PBIDTM(%) -14.96 -3.24 361.13 -8.51 -2.44 248.97 -1.55 -4.88 -68.29
Peers
Company Name CMP
Asian Paints 2457.30
Berger Paints India 460.40
Kansai Nerolac Paint 182.65
JSW Dulux 3158.40
Indigo Paints 1140.50
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