Alok Industries
17.24
-0.66(-3.69%)
Market Cap₹8,887.80 Cr
PE Ratio-12.61
IndustryTextiles
Company Performance:
1D-3.69%
1M-8.88%
6M+6.95%
1Y-25.40%
5Y-24.39%
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More news about Alok Industries
22Apr 25
Alok Industries: Share Price Surges 18% Post Q4 Results, Despite Reported Loss
Alok Industries reported a consolidated net loss of ₹744.70 million for Q4 FY2023, an improvement from the ₹2.16 billion loss in Q4 FY2022. Revenue decreased to ₹9.53 billion from ₹14.69 billion year-over-year. The company announced management changes, including a new CFO and Company Secretary, effective in 2025. Despite the loss, the share price surged up to 18.40% following the results announcement.
21Apr 25
Alok Industries Reports Narrowed Losses in Q4 FY25 Amid Challenging Market Conditions
Alok Industries, a leading textile manufacturer, released its Q4 FY25 financial results showing improved performance. The company reported revenue of ₹912.91 crore, up from ₹822.17 crore in Q3 FY25. Net loss narrowed to ₹67.75 crore, significantly lower than ₹242.95 crore in Q3 FY25 and ₹206.88 crore in Q4 FY24. EBITDA remained positive at ₹157.98 crore. For FY25, total revenue was ₹3,556.59 crore with a net loss of ₹768.81 crore. The company reported exceptional gains from property sales and insurance claims. Management noted improving market conditions and remains focused on operational efficiency to further reduce losses.
Alok Industries
17.24
-0.66
(-3.69%)
1 Year Returns:-25.40%
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