Results - Announcements
Alok Industries Ltd share price slipped 3.39% to Rs 8.56. The Company's net profit soared by 50.76% to Rs 208.42 crore, while revenue from operations slightly gained 8.52% to Rs 1077.76 crore in Q3FY26 over Q2FY26.
The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.92 lakh crore, rising 3.17%. It has inched up 1.38% over last one week and moved up slightly by 0.53% in last one month while the market capitalization of Alok Industries Ltd has softened by 4.99% and 30.52% in the same period respectively.
Profit before tax (PBT) of Alok Industries Ltd stood at Rs 207.76 crore in Q3 FY26, jumping 27.95% year-on-year, and rallying 50.28% quarter-on-quarter. EBITDA came in at Rs 36 crore, plunging by 172.40% YoY and tumbling by 31.94% sequentially.
Total expenses increased by 10% to Rs 1102.82 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 625.31 crore, going up by 16.04% YoY, while employee benefits expense was at Rs 117.58 crore, inching up 3.53% YoY.
For the TTM ended FY26, revenue from operations posted a slight growth of 0.16% to Rs 3714.79 crore, while net profit slipped by 8.86% to Rs 744.11 crore, compared to previous TTM. EBITDA saw a sharp decline of 23627% to Rs 45.42 crore, and PBT saw a marginal contraction of 8.17% to Rs 745.13 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 419.28 crore in FY26, as against Rs 115.22 crore in FY25.
Alok Industries Ltd nosedived by 50.89% in last one year, underperforming the benchmark BSE Sensex which has declined by 10.04% during the same period.