Shalimar Paints Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 964.6 million compared to INR 925.2 million a year ago. Revenue was INR 990.1 million compared to INR 926.1 million a year ago. Net loss was INR 152.4 million compared to INR 70.3 million a year ago. Basic loss per share from continuing operations was INR 2.81 compared to INR 1.29 a year ago. Diluted loss per share from continuing operations was INR 2.81 compared to INR 1.29 a year ago.
For the nine months, sales was INR 2,525.6 million compared to INR 2,138.2 million a year ago. Revenue was INR 2,551.9 million compared to INR 2,141.1 million a year ago. Net loss was INR 515.1 million compared to INR 213.1 million a year ago. Basic loss per share from continuing operations was INR 9.49 compared to INR 3.92 a year ago. Diluted loss per share from continuing operations was INR 9.49 compared to INR 3.92 a year ago.