Alok Industries Ltd Share Price – NSE  /  BSE

Textiles, Small Cap

Net Loss of Alok Industries reported to Rs 215.93 crore in the quarter ended March 2024 as against net loss of Rs 297.55 crore during the previous quarter ended March 2023. Sales declined 6.44% to Rs 1469.31 crore in the quarter ended March 2024 as against Rs 1570.48 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 846.82 crore in the year ended March 2024 as against net loss of Rs 880.46 crore during the previous year ended March 2023. Sales declined 21.17% to Rs 5509.59 crore in the year ended March 2024 as against Rs 6989.20 crore during the previous year ended March 2023.

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Alok Industries will hold a meeting of the Board of Directors of the Company on 20 April 2024.

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The Board of Alok Industries at its meeting held on 28 March 2024 has appointed Harsh Bapna as Chief Executive Officer and Key Managerial Personnel of the Company with effect from 01 April 2024.

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Alok Industries announced the cessation of Ram Rakesh Gaur, Chief Executive Officer of the Company with effect from 31 March 2024. He will be taking up a new role within the group.

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