Shalimar Paints reports 67% fall in Q3 net profit

Shalimar Paints Ltd. | Paints | Chemicals & Fertilizers | BSE: 509874 | NSE: SHALPAINTS

29 Jan 2014 Evaluate

Shalimar Paints has reported results for third quarter ended December 31, 2013.

The company has reported 67.16% fall in its net profit at Rs 1.54 crore for the quarter as compared to Rs 4.69 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 1.19% at Rs 128.49 crore for quarter under review as compared to Rs 130.04 crore for the quarter ended December 31, 2012.

Shalimar Paints is one of the leading paints manufacturing companies in India. The company has three manufacturing facilities located Howrah, Nasik and Sikandrabad.

Peers

Company Name	CMP
Asian Paints	2450.55
Berger Paints India	460.55
Kansai Nerolac Paint	182.20
JSW Dulux	3168.05
Indigo Paints	1141.35
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.