Hot Pursuit     19-Oct-21
Alok Industries drops after Q2 FY22 net loss stands at Rs 84 cr
Alok Industries tumbled 9.51% to Rs 24.25 after the company's reported net loss of Rs 84.11 crore in Q2 FY22 as compared to a net profit of Rs 4,798.64 crore in Q2 FY21.

Revenue from operations surged 134.24% to Rs 1,904.57 crore in Q2 FY22 over Q2 FY21.

On a standalone basis, the company's reported net loss of Rs 74.52 crore in Q2 FY22 as compared to a net profit of Rs 4,442.94 crore in Q2 FY21. Revenue from operations soared 139.66% to Rs 1,873.45 crore in Q2 FY22 over Q2 FY21.

Alok Industries is a textile company with a presence in the cotton and polyester segments. The company is engaged in manufacturing of textile, including mending and packing activities; leather and other apparel products.

Previous News
  Alok Industries reports consolidated net profit of Rs 4798.64 crore in the September 2020 quarter
 ( Results - Announcements 13-Nov-20   08:48 )
  Alok Industries reports consolidated net loss of Rs 297.55 crore in the March 2023 quarter
 ( Results - Announcements 20-Apr-23   08:20 )
  Alok Industries CFO resigns
 ( Corporate News - 30-May-24   09:13 )
  Reliance Industries acquires 37.7% stake in Alok Industries
 ( Corporate News - 29-Feb-20   15:42 )
  Reliance Industries update on Resolution Plan for Alok Industries
 ( Corporate News - 22-Jun-18   16:23 )
  Alok Inds tumbles after dismal Q4 results
 ( Hot Pursuit - 20-Apr-23   10:22 )
  Alok Industries standalone net profit declines 96.08% in the March 2015 quarter
 ( Results - Announcements 29-May-15   10:07 )
  Alok Industries to hold board meeting
 ( Corporate News - 20-Jan-16   11:50 )
  Alok Industries net profit declines 18.60% in the March 2013 quarter
 ( Results - Announcements 30-May-13   12:51 )
  Alok Inds gains after receiving advance under EPBG scheme
 ( Hot Pursuit - 20-Aug-15   15:07 )
  Alok Industries announces resignation of director
 ( Corporate News - 05-Sep-15   13:31 )
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