Alok Industries Q4 Results: Net loss narrows to ₹215.9 crore, revenue declines 6%
8 months ago

Alok Industries Q4 Results: Net loss narrows to ₹215.9 crore, revenue declines 6%

Live Mint  

Alok Industries Q4 Results: Textile company Alok Industries Ltd released the January-March quarter results on Saturday and posted a consolidated net loss of ₹215.9 crore, as compared to ₹297.5 crore reported during the same quarter last year. Its total expenses in the fourth quarter of the fiscal year 2024 stood at ₹1,696.98 crore as compared to ₹1,875.49 crore in the same period a year ago. In a stock exchange filing, Alok Industries Limited said: “The Holding Company incurred a loss of ₹206.88 crore for the quarter and ₹813.71 crore for the year ended March 31, 2024 and has accumulated losses of ₹22,099.59 crore as on that date, its current assets exceeds its current liabilities by ₹794.12 crore and it has earned EBITDA of ₹20.89 crore for the quarter and ₹84.89 crore for the year ended March 31, 2024.” For the full fiscal year ended March 31, 2024, the textile company reported revenue from operations at ₹5,509.59 crore, down from ₹6,989.20 crore in fiscal year 2023. In January this year, Alok Industries had said that Reliance Industries Ltd invested ₹3,300 crore in the company through non-convertible redeemable preference shares.

Loss Company Crore Quarter Industries Alok  net  crore  quarter  textile  declines  alok  results  31  industries  loss  company  revenue  reported  ended  narrows  q4

History of this topic

Alok Industries Share Price Today on 26-11-2024: Alok Industries share price are up by 1.94%, Nifty up by 0.04%
3 weeks, 6 days ago

Alok Industries Share Price Today on 26-11-2024: Alok Industries share price are up by 1.94%, Nifty up by 0.04%

Live Mint  

Alok Industries Share Price Today on 26-11-2024: At 26 Nov 11:11 today, Alok Industries shares are trading at price ₹20.97, 1.94% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Alok Industries Share Price Today on 25-11-2024: Alok Industries share price are up by 3.05%, Nifty up by 1.69%
4 weeks ago

Alok Industries Share Price Today on 25-11-2024: Alok Industries share price are up by 3.05%, Nifty up by 1.69%

Live Mint  

Alok Industries Share Price Today on 25-11-2024: At 25 Nov 11:09 today, Alok Industries shares are trading at price ₹20.92, 3.05% up from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 20.44 10 …

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL
10 months, 1 week ago

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL

Live Mint  

Adani Group: US-headquartered ratings firm Moody's upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments and a capital infusion by the group over the past year. On Tuesday, Moody's upgraded the ratings of four Adani firms to stable — Adani Green Energy Ltd, Adani …

Q3 results: Alok Industries posts ₹215.50-crore loss
11 months ago

Q3 results: Alok Industries posts ₹215.50-crore loss

Live Mint  

Alok Industries Ltd on Wednesday announced the financial results for the third quarter ended December 31, 2023 of the current fiscal year On a standalone basis, the company reported a loss for the October-December period of FY24 at ₹215.50 crore. Total income of Alok Industries Ltd for the December quarter of FY24 was reported at ₹1,217.54 crore, as compared to …

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore
1 year, 4 months ago

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore

Live Mint  

BHEL Q1 results: Bharat Heavy Electricals Limited reported a consolidated net loss of ₹343.9 crore in the June quarter against ₹188 crore in June quarter FY23. The company's revenue rose by 7.1% to ₹5,003.4 crore in Q1FY24 against ₹4,672 crore in Q1FY23. The company revenue rose by 7% to ₹5,003.4 crore in Q1FY24. Further division of the company revenue shows …

KEI Industries Q1 revenue rises to ₹1,790.90 crore
1 year, 4 months ago

KEI Industries Q1 revenue rises to ₹1,790.90 crore

Live Mint  

KEI Industries Limited on Monday reported a revenue at ₹1,790.90 crore for the first quarter ended June 30, 2023, as compared to ₹1,568.94 crore a year ago. The company reported a net profit for the June quarter of FY24 at ₹121.38 crore, up from ₹103.76 crore in the same period of fiscal year 2023, KEI Industries said in an exchange …

Reliance Industries Q4 earnings: 5 key highlights to know after beating street estimates
1 year, 8 months ago

Reliance Industries Q4 earnings: 5 key highlights to know after beating street estimates

Live Mint  

The largest private sector firm in India and a Fortune 500 company, Reliance Industries, has released its Q4FY23 results statement. Depreciation grew by 35.3% Y-o-Y to ₹40,319 crore in FY23 from ₹29,797 Cr in FY22 due to an expanded asset base across all the businesses and higher network utilization in digital services business. Reliance Industries said that the Oil & …

Stocks to Watch Today: Reliance Industries, Wipro and Others
3 years, 6 months ago

Stocks to Watch Today: Reliance Industries, Wipro and Others

News 18  

The Indian stock market is likely to open in the green on Thursday amid strong global cues. Tata Power Company: Its subsidiary Tata Power Solar received Engineering, procurement and construction orders worth Rs 686 crore from NTPC to set up solar PV projects. Reliance Infrastructure: According to the company’s latest annual report, made pre-payment of $7.8 billion of long-term foreign …

Seven of top 10 companies lose over ₹1 lakh crore in market capitalisation
3 years, 8 months ago

Seven of top 10 companies lose over ₹1 lakh crore in market capitalisation

Hindustan Times  

Seven of the 10 most valued domestic companies witnessed a combined erosion of ₹1,07,566.64 crore from their market valuation last week, with Reliance Industries accounting for around half of the losses. The market capitalisation of Bajaj Finance plunged ₹16,197.55 crore to ₹3,12,327.04 crore and that of State Bank of India went lower by ₹12,494.45 crore to ₹3,18,697.88 crore. Kotak Mahindra …

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