Alok Industries
15.99
-0.18(-1.11%)
Market Cap₹7,939.42 Cr
PE Ratio-12.85
IndustryTextiles
Company Performance:
1D-1.11%
1M-0.62%
6M-14.99%
1Y-15.04%
5Y-23.49%
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More news about Alok Industries
05Sept 25
Alok Industries Appoints New Auditors and Re-elects Independent Directors at AGM
Alok Industries held its 38th AGM on September 4, 2025, making significant changes in leadership and compliance. The company appointed M/s Chaturvedi & Shah LLP as new statutory auditors for five years. Three independent directors were re-elected for second five-year terms: Shri Achuthan Siddharth, Ms. Mumtaz Bandukwala, and Shri Rahul Dutt. Shri Virendra Bhatt was appointed as Secretarial Auditor for five years. The company also adopted new Articles of Association to align with the Companies Act, 2013. All resolutions, including financial statements approval, passed with the required majority.
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17Jul 25
Alok Industries Q1 Results: EBITDA Stable, Net Loss Narrows Amid Revenue Decline
Alok Industries Limited released Q1 FY results showing a 7% YoY revenue decline to ₹9.30 billion. EBITDA remained stable at ₹200.00 million, with margin improving to 2.14% from 1.99%. Net loss narrowed to ₹1.70 billion from ₹2.10 billion in the previous year. Despite revenue challenges, the company demonstrated improved operational efficiency and cost management.
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22Apr 25
Alok Industries Sees Major Block Trade Amid Financial Challenges
A significant block trade of 12,126,303 shares of Alok Industries Ltd. was executed on the NSE at Rs. 19.67 per share, totaling Rs. 238.52 crore. This occurs as the company faces ongoing financial challenges, reporting a Q4 FY2025 standalone net loss of Rs. 67.75 crore and consolidated net loss of Rs. 74.47 crore. The company is dealing with operational issues, including tornado damage to its Silvassa plants, and has engaged in asset sales to mitigate financial pressures. Despite accumulated losses of Rs. 22,868.40 crore, management maintains a going concern basis citing improving market conditions. Recent management changes include new appointments for CFO and Company Secretary positions.
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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.
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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.
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Alok Industries
15.99
-0.18
(-1.11%)
1 Year Returns:-15.04%
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