Moneycontrol
Last Updated : Feb 03, 2016 05:09 PM IST | Source: Moneycontrol.com

Shalimar Paints turns black, posts Q3 profit at Rs 2.05 cr

According to Surender Bhatia, COO & CFO, Shalimar Paints, this positive development was the result of better performance of both segments namely decorative and industrial segment.

 
 
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Shalimar Paints registered a net profit of Rs 2.05 crore in Q3 against net loss of Rs 1.38 crore in corresponding quarter of the previous year. Revenue was Rs 103.21 crore in Q3 against Rs 103.17 crore in the same quarter last year.

According to Surender Bhatia, COO & CFO, Shalimar Paints, this positive development was the result of better performance of both segments namely decorative and industrial segment.

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First Published on Feb 3, 2016 05:09 pm
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