Shalimar Paints Posts Narrower Q4 Loss, Revenue Declines 14% to Rs 153 Crore

Shalimar Paints Reports Narrowing of Consolidated Net Loss in Q4 FY26

Shalimar Paints Ltd has reported a significant improvement in its consolidated net loss for the March quarter of 2025-26. The company's net loss narrowed to Rs 6.18 crore in Q4 FY26, down from Rs 9.51 crore in the same period of the previous year.

The company's revenue from operations, however, declined by 14 per cent to Rs 153.06 crore in the March quarter of FY26, compared to Rs 177.83 crore in the corresponding quarter of the previous fiscal. Additionally, the company's total expenses were at Rs 160.39 crore, representing a decrease of 17.36 per cent in Q4 of FY26.

For the entire fiscal year 2025-26, Shalimar Paints' net loss narrowed to Rs 63.34 crore. The company's consolidated revenue from operations also declined by 5.01 per cent to Rs 569.03 crore for the financial year ended on March 31, 2026.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

The company's management, led by MD & CEO Kuldip Raina, has expressed optimism about the company's prospects. According to Raina, the company has made significant strides in portfolio strengthening, cost rationalization, and operational efficiency. He also highlighted the favorable macroeconomic conditions in India, including the infrastructure push, rising urbanization, and growing premiumization across decorative and industrial segments, which are expected to sustain demand for the company's products.

Shalimar Paints shares closed 4.08 per cent lower at Rs 49.59 on the BSE on Monday.