Shalimar Paints Ltd

📉 Shalimar Paints Reports FY26 Results: Losses Narrow, Revenue Dips

- Standalone net loss improved to ₹63.34 crore (vs ₹80.11 crore last year)

- Consolidated net loss at ₹64.95 crore (vs ₹81.17 crore last year)

- Standalone revenue declined to ₹569.03 crore (from ₹599.06 crore)

- Consolidated revenue fell to ₹575.63 crore (from ₹599.81 crore)

- ₹4.60 crore one-time charge from labor law changes

- Current liabilities exceed assets by ₹65.48 crore (going concern basis maintained)

- Standalone loss per share: ₹7.57 (vs ₹9.57 last year)

- Consolidated loss per share: ₹7.76 (vs ₹9.70 last year)

- Auditors issued clean report (unmodified opinion)