Alok Industries Q4 Results 2023: Loss of Rs 297.55 Cr Consolidated

Alok Industries Q4 Results 2023: Loss of Rs 297.55 Cr Consolidated

Alok Industries releases Consolidated Quarterly Results for March 31, 2023. Alok Industries has announced an increase in total income from Rs. 1711.22 Crores as of December 31, 2022, to Rs. 1569.72 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. -249.83 Crores as of December 31, 2022, to Rs. -297.55 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. -0.50 on December 31, 2022, to Rs. -0.60 on March 31, 2023, according to the company’s statement.

Alok Industries Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:

Total income of the company is Rs. 1569.72 Crores (March 31, 2023) vs. Rs. Crores (December 31, 2022)

Net profit/loss: Rs. Crores -297.55 (March 31, 2023) vs. Rs. -249.83 Crores (December 31, 2022)

EPS: Rs. -0.60 (March 31, 2023) vs. Rs. -0.50 (December 31, 2022)

FinancialsQ4 FY2023Q3 FY2023% Change
Total Income₹ 1569.72 Cr₹ 1711.22 Cr⬇ -8.27%
Net Profit₹ -297.55 Cr₹ -249.83 Cr🡹 19.10%
EPS₹ -0.60₹ -0.50🡹 20.00%

Alok Industries Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:

Total income of the company is Rs. 1569.72 Crores (March 31, 2023) vs. Rs. 2031.44 Crores (March 31, 2022)

Net profit/loss: Rs. -297.55 Crores (March 31, 2023) vs. Rs. -26.76 Crores (March 31, 2022)

EPS: Rs. -0.60 (March 31, 2023) vs. Rs. -0.05(March 31, 2022)

FinancialsQ3 FY2023Q3 FY2022% Change
Total Income₹ 1569.72 Cr₹ Cr⬇ -22.73%
Net Profit₹ -297.55 Cr₹ -26.76 Cr🡹 1,011.92%
EPS₹ -0.60₹ -0.05 🡹 1,100.00%

Alok Industries Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:

Total income of the company is Rs. 7002.01 Crores (March 31, 2023) vs. Rs. 7354.41 Crores (March 31, 2022)

Net profit/loss: Rs. -880.46 Crores (March 31, 2023) vs. Rs. -208.60 Crores (March 31, 2022)

EPS: Rs. -1.77 (March 31, 2023) vs. Rs. -0.42 (March 31, 2022)

Financials12 Months Ended FY202312 Months Ended FY2022% Change
Total Income₹ 7002.01 Cr₹ 7354.41 Cr⬇ -4.79%
Net Profit₹ -880.46 Cr₹ -208.60 Cr🡹 322.08%
EPS₹ -1.77₹ -0.42🡹 321.43%

Alok Industries Share Dividend Announcement / Record Date:

The dividend’s record date has not yet come

About Alok Industries:

Based in Mumbai, India, Alok Industries Ltd is a textile manufacturing company that operates in both cotton and polyester value chains. It is an ISO 9001:2000 certified company and has established large capacities on a global scale, expanding its markets across territories worldwide.

Download Full PDF Q4 Results Alok Industries:

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