MoneyWorks4Me

Alok Industries reports 53% fall in Q2 net profit

14 Nov 2014 Evaluate

Alok Industries has reported results for second quarter ended September 30, 2014.

The company has registered 53.23% fall in its net profit at Rs 45.36 crore for the quarter under review as compared to Rs 96.98 crore for the same quarter in the previous year. Total income of the company has increased marginally by 0.04% at Rs 3790.48 crore for Q2FY15 as compared Rs 3789.00 crore for the corresponding quarter previous year.

The Year to Date (YTD) for the previous accounting year and the previous financial year of the Company was for a period of 18 months from April 01, 2012 to September 30, 2013. Hence, such figures are not comparable with the YTD figures of the current period which are for a period of 12 months from October 01, 2013 to September 30, 2014.

Peers
Company Name CMP
Vardhman Textiles 547.45
Welspun Living 202.25
Arvind 549.45
Raymond Lifestyle 672.05
K.P.R. Mill 1119.85
View more..