Company Description:
Alok Industries is a textile company with a presence in the cotton and polyester segments. The Company is engaged in manufacturing of textile, including mending and packing activities; leather and other apparel products.
Financial Results:
Alok Industries Ltd reported Revenues for Q1FY24 of ₹1,410.00 Crores down from ₹1,972.00 Crore year on year, a fall of 28.5%.
Total Expenses for Q1FY24 of ₹1,642.00 Crores down from ₹2,133.00 Crores year on year, a fall of 23.02%.
Consolidated Net Profit of -₹226.00 Crores from -₹142.00 Crores in the same quarter of the previous year.
The Earnings per Share is -₹0.46, from -₹0.29 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.