The company reported a pre-tax loss of Rs 268.11 crore in the third quarter of FY25 compared with a pre-tax loss of Rs 228.74 crore posted in the same period a year ago.

Total expenses reduced by 23.15% YoY to Rs 1,138.52 crore in Q3 FY25. Cost of materials consumed was at Rs 457.77 crore (down 43.81% YoY) while employee benefit expense stood at Rs 133.80 crore (up 28.74% YoY) during the quarter.

Alok Industries is an integrated textile manufacturer with operations in both cotton & polyester value chain. The company is primarily engaged in the business of textile manufacturing, including mending and packing activities. It has global retailers, brands, reputed garment manufacturer and traders.