Alok Industries Ltd has reported its June quarter results, revealing a challenging start to FY26 with a deeper net loss despite stable operational revenue.
Key Highlights:
- Consolidated revenue from operations stood at ₹9.32 billion, reflecting resilience amid sectoral headwinds.
- Net loss widened to ₹1.72 billion, impacted by elevated input costs and subdued export demand.
Operational Breakdown:
- The textile segment continued to face margin pressure due to volatile cotton prices and weak global demand.
- Polyester operations remained steady, supported by domestic retail and institutional orders.
- Employee and power costs remained flat, but depreciation and finance charges weighed on profitability.
Strategic Context:
- The company is backed by Reliance Industries (40.01% stake) and JM Financial ARC (34.99%), providing long-term stability.
- Management is expected to focus on cost optimization and product mix diversification in H2.
Sources: Business Standard, Moneycontrol, MSN India, Alok Industries Exchange Filings.