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Alok Industries Ltd Q3FY24; 27% 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 Q3FY24 of ₹1,253.00 Crores down from ₹1,718.00 Crore year on year, a fall of 27.07%.

Total Expenses for Q3FY24 of ₹1,482.00 Crores down from ₹1,972.00 Crores year on year, a fall of 24.85%.

Consolidated Net Profit of -₹230.00 Crores from -₹250.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.46, from -₹0.50 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.

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