Shalimar Paints Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 1,442.6 million compared to INR 1,353.6 million a year ago. Revenue was INR 1,469.1 million compared to INR 1,388 million a year ago. Net loss was INR 263.7 million compared to INR 96.1 million a year ago. Basic loss per share from continuing operations was INR 3.15 compared to INR 1.33 a year ago. Diluted loss per share from continuing operations was INR 3.15 compared to INR 1.33 a year ago.
For the full year, sales was INR 5,349.1 million compared to INR 4,838.1 million a year ago. Revenue was INR 5,430.3 million compared to INR 4,910.2 million a year ago. Net loss was INR 738.5 million compared to INR 361.5 million a year ago. Basic loss per share from continuing operations was INR 9.52 compared to INR 5.01 a year ago. Diluted loss per share from continuing operations was INR 9.52 compared to INR 5.01 a year ago.