Alok Industries has reported results for first quarter ended June 30, 2015.
The company has reported 77.64% fall in its net profit at Rs 9.72 crore for the quarter ended June 30, 2015 as compared to Rs 43.48 crore for the same quarter in the previous year. The company’s total income has decreased by 8.33% to Rs 3446.62 crore for the quarter under review from Rs 3759.96 crore for the corresponding quarter of the previous year.
Alok Industries evolved from a small trading business into India’s largest integrated textiles player. It is present across various verticals of the textile value chain - from yarn manufacturing to garmenting.
