INSUBCONTINENT EXCLUSIVE:
The total expenses in the September quarter declined 25.45 per cent to Rs 1,160.631 min read Last Updated : Oct 14 2024 | 4:51 PM
IST
Textile manufacturer Alok Industries on Monday said its consolidated net loss widened to Rs 262.10 crore for the second quarter ended
September 2024.
The company had posted a net loss of Rs 174.83 crore in the July-September period a year ago, according to a regulatory
filing from Alok Industries, jointly owned by Reliance Industries and JM Financial Asset Reconstruction.Click here to connect with us on
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Its revenue from operation fell 35.46 per cent to Rs 885.66 crore during the period under review
It was Rs 1,372.34 crore in the corresponding period a year ago.
The total expenses in the September quarter declined 25.45 per cent to Rs
1,160.63Alok Industries' total income, including other income, was down 34.97 per cent to Rs 898.78 crore in the September
Industries, which operates in-home textiles, cotton yarn, apparel fabric, garments, and polyester yarn.
Shares of Alok Industries Ltd on
Monday settled at Rs 24.62 on BSE, down 2.50 per cent from the previous close.First Published: Oct 14 2024 | 4:36 PMIST
