Alok Industries reports net loss of Rs 1,197.62 crore in Q1FY19

Alok Industries Ltd. | Textile | Textiles & Apparels | BSE: 521070 | NSE: ALOKINDS

29 Aug 2018 Evaluate

Alok Industries has reported results for first quarter ended June 30, 2018.

The company has reported net loss of Rs 1,197.62 crore for the quarter under review as compared to net loss of Rs 6628.13 crore for the same quarter in the previous year. Total income of the company decreased by 72.26% at Rs 788.17 crore for Q1FY19 as compared Rs 2,841.62 crore for the corresponding quarter 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.

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
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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