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Alok Industries’ consolidated net loss narrows to Rs 0.09 crore in Q3

19 Jan 2022 Evaluate

Alok Industries has reported results for third quarter ended December 31, 2021.

The company has reported net profit at Rs 12.06 crore for the quarter under review as compared to net loss of Rs 28.75 crore for the same quarter in the previous year. Total income of the company increased by 79.44% at Rs 2101.30 crore for Q3FY22 as compared Rs 1171.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 0.09 crore for the quarter under review as compared to net loss of Rs 35.12 crore for the same quarter in the previous year. However, total income of the company increased by 77.16% at Rs 2142.47 crore for Q3FY22 as compared Rs 1209.31 crore for the corresponding quarter previous year.

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