Alok Industries has reported results for first quarter ended June 30, 2016.
The company has reported a net loss of Rs 1212.04 crore for the quarter ended June 30, 2016 as compared to a net loss of Rs 349.68 crore for the same quarter in the previous year. The company’s total income decreased by 47.30% to Rs 1857.34 crore for the quarter under review from Rs 3524.18 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.
| Company Name | CMP |
|---|---|
| Welspun Living | 125.45 |
| Vardhman Textiles | 557.75 |
| Arvind | 387.20 |
| K.P.R. Mill | 926.40 |
| Page Industries | 37935.70 |
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