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Alok Industries reports 78% rise in Q4 net profit

19 May 2012 Evaluate

Alok Industries has reported results for fourth quarter and year ended March 31, 2012. On the standalone basis, the company has posted a rise of 77.73% in its net profit at Rs 283.50 crore for the quarter ended March 31, 2012 as compared to Rs 159.51 crore for the same quarter in the previous year. Total income has increased by 18.19% at Rs 2595.38 crore for quarter under review as compared to Rs 2195.87 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012, the company has posted a fall of 5.89% in its net profit at Rs 380.53 crore for the year ended March 31, 2012 as compared to Rs 404.36 crore for the same period in the previous year. However, total income has increased by 39.33% at Rs 8900.86 crore for year under review as compared to Rs 6388.43 crore for the period ended March 31, 2011.

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