Browsing tag: Shalimar Paints

PAINT Sector: Q1 - FY 2017-18 was bad for the India Paint sector. Click here to see Q4 Results. For the numbers, 4 companies out of 5 able to register improvements in the Revenue in April to June quarter of 2017-18 as compared to same period last year (1 fails to do so) while only 1 company able to register growth in Profits and 4 other fails to do so. The Common Parameters for such Dismal Performance for the Sector are (1) an upward trend in material prices which had an impact on

PAINT Sector: Q4 was somewhat better for the Paint sector. Click here for Q3 Results. Though India’s decorative business registered low double-digit growth in Q4, all the three paint companies posted good performance as far as revenues are concern - thanks to the good demand conditions in auto OEM and general industrial business. As far as numbers are concern, the profits of 2 companies were up in the range of 10% to 18%, while revenues were up for all the in the range between 7% to