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Alok Industries Ltd Q2FY25; 35% fall in Revenue

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 Q2FY25 of ₹886.00 Crores down from ₹1,372.00 Crore year on year, a fall of 35.42%.

Total Expenses for Q2FY25 of ₹1,161.00 Crores down from ₹1,557.00 Crores year on year, a fall of 25.43%.

Consolidated Net Profit of -₹262.00 Crores from -₹175.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.53, from -₹0.35 in the same quarter of the previous year.

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