Shalimar Paints Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 1,106.8 million compared to INR 909.3 million a year ago. Revenue was INR 1,118.3 million compared to INR 909.9 million a year ago. Net loss was INR 107.5 million compared to INR 168.1 million a year ago. Basic loss per share from continuing operations was INR 1.49 compared to INR 3.1 a year ago. Diluted loss per share from continuing operations was INR 1.49 compared to INR 3.1 a year ago.
For the six months, sales was INR 2,205.8 million compared to INR 1,561 million a year ago. Revenue was INR 2,232.7 million compared to INR 1,561.8 million a year ago. Net loss was INR 203.8 million compared to INR 362.4 million a year ago. Basic loss per share from continuing operations was INR 2.82 compared to INR 6.67 a year ago. Diluted loss per share from continuing operations was INR 2.82 compared to INR 6.67 a year ago.