Shalimar Paints reported a 21.49% increase in net sales to Rs 144.74 crore in September 2024, but incurred a net loss of Rs 19.62 crore, up 23.42% from the same period last year, with a negative EBITDA of Rs 11.44 crore. Shalimar Paints shares have given -35.67% returns over the last 6 months and -41.34% over the last 12 months.