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Alok Industries Q2 Results: Total Income at ₹898.78 Crores, Net Loss Widens

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Synopsis:

Alok Industries Limited, a leading integrated textile company, has announced its Q2 FY2025 financial results. The results show a decline in revenue and profitability as the company navigates ongoing industry challenges.

Alok Industries Q2 Results Key Financial Highlights (Q2 FY2025):

  • Revenue from Operations: ₹885.66 crores, down from ₹1,372.34 crores in Q2 FY’2024.
  • Total Income: ₹898.78 crores, compared to ₹1,382.24 crores in Q2 FY’2024.
  • Net Loss: ₹262.10 crores, compared to a loss of ₹174.83 crores in Q2 FY’2024.

ALOK INDUSTRIES LIMITED

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22.780.19 (0.84 %)

Updated - 13 December 2024
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Alok Industries Q2 Results Lowlights (Q2 FY2025):

  • Decline in Revenue: Alok Industries saw a significant drop in revenue from operations, decreasing to ₹885.66 crores from ₹1,372.34 crores in Q2 FY2024.
  • Increased Finance Costs: Finance costs increased to ₹157.70 crores in Q2 FY2025, compared to ₹142.15 crores in Q2 FY’2024.

Financial Performance Overview:

Alok Industries recorded a total income of ₹898.78 crores for Q2 FY’2025, a substantial decrease from ₹1,382.24 crores in Q2 FY2024. The company's performance was affected by rising costs and weaker market demand. Despite efforts to control costs, the company posted a loss of ₹262.10 crores, reflecting the challenging operating environment.

Key Operational Highlights:

  • Revenue Decline: Revenue from operations dropped by over 35% YoY, driven by a decrease in both domestic and international demand.
  • Cost Pressures: Finance costs increased by over ₹15 crores YoY, putting additional strain on profitability.
  • Significant Losses: The company posted a total comprehensive loss of ₹263.34 crores in Q2 FY2025, highlighting its struggle to return to profitability.

Detailed Financial Table: (Consolidated Financial Results)

Metrics

Q2 FY2025

Q1 FY2025

Q2 FY2024

Revenue from Operations (₹ Crores)

885.66

1,006.30

1,372.34

Total Income (₹ Crores)

898.78

1,012.34

1,382.24

Finance Costs (₹ Crores)

157.7

156.3

142.15

Loss Before Tax (₹ Crores)

-262.1

-206.87

-174.83

Net Loss (₹ Crores)

-262.1

-206.87

-174.83

Total Comprehensive Loss (₹ Crores)

-263.34

-208.62

-197.91

Source: Alok Industries Q2 FY’25 Unaudited Financial Results Submitted on BSE. 

Conclusion:

Alok Industries faced a difficult quarter in Q2 FY2025, with declining revenues and increased costs contributing to a widening net loss. The company will need to focus on stabilizing operations and addressing cost pressures to return to profitability in future quarters.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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