SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Alok Industries reports consolidated net loss of Rs 249.83 crore in Q3FY23

19 Jan 2023 Evaluate

Alok Industries has reported results for third quarter ended December 31, 2022.

The company has reported net loss at Rs 241.43 crore for Q3FY23 as against net profit of Rs 12.06 crore for the corresponding quarter previous year. Total income of the company decreased by 21.14% to Rs 1,657.16 crore for the quarter under review as compared to Rs 2,101.30 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported net loss at Rs 249.83 crore for Q3FY23 as compared to net loss of Rs 0.09 crore for the same quarter in the previous year. Total income of the company decreased by 20.19% to Rs 1,709.87 crore for the quarter under review as compared to Rs 2,142.47 crore for the same quarter in the previous year.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: