Hot Pursuit     17-Jul-24
Alok Inds net loss narrows to Rs 207 cr in Q1
The textile producer’s consolidated net loss narrowed to Rs 206.87 crore in Q1 FY25 as against a net loss of Rs 226.14 crore reported in Q1 FY24.

Revenue from operations dropped 28.88% to Rs 1,006.30 crore in Q1 FY25 as compared to Rs 1,414.91 crore recorded in the corresponding quarter previous year.

Total expenses declined by 25.95% YoY to Rs 1,218.95 crore in the June quarter. Cost of materials consumed was at Rs 500.88 crore (down 50.21% YoY) while employee benefit expense stood at Rs 116.94 crore (down 4.28% YoY) during the quarter.

Mumbai-based Alok Industries is a textile manufacturing company.

The scrip closed 0.92% lower at Rs 26.97 on Tuesday, 16 July 2024.

The market is closed today on account of Muharram.

Previous News
  Alok Industries reports consolidated net loss of Rs 229.92 crore in the December 2023 quarter
 ( Results - Announcements 18-Jan-24   07:25 )
  Alok Industries to table results
 ( Corporate News - 08-Oct-22   09:54 )
  Volumes soar at Asahi India Glass Ltd counter
 ( Hot Pursuit - 22-Apr-25   14:30 )
  Alok Industries reports consolidated net loss of Rs 249.83 crore in the December 2022 quarter
 ( Results - Announcements 19-Jan-23   07:51 )
  Board of Alok Industries appoints CEO
 ( Corporate News - 28-Mar-24   13:22 )
  Alok Industries reports consolidated net loss of Rs 0.09 crore in the December 2021 quarter
 ( Results - Announcements 19-Jan-22   08:18 )
  Reliance Industries acquires 37.7% stake in Alok Industries
 ( Corporate News - 29-Feb-20   15:42 )
  Alok Industries announces appointment of nominee director
 ( Corporate News - 03-Mar-22   19:47 )
  Alok Industries Ltd leads losers in 'B' group
 ( Hot Pursuit - 27-Apr-21   14:45 )
  Alok Industries schedules AGM
 ( Corporate News - 02-Jul-22   16:50 )
  Alok Industries reports consolidated net profit of Rs 4798.64 crore in the September 2020 quarter
 ( Results - Announcements 13-Nov-20   08:48 )
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