19 April 2022, Mumbai:
In its Q4 FY2022, Alok Industries’ net loss surged 29.633 percent to Rs -26.76 crore as against Rs -0.09 crore in the Q3 FY22 ended December 31, 2021.
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Income declined 5.18 percent to Rs. 2,031.44 crore during the period ended March 31, 2022, compared to Rs 2,142.47 crore during the period ended December 31, 2021.
Alok Industries’ net loss increased by 94.65 percent to Rs.-26.76 crores for the period ended March 31, 2022, as against the net loss of Rs.-500.11 crore for the period ended March 31, 2021.
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On the other hand, net income increased 37.39 percent to Rs 2,031.44 crore during the period ended March 31, 2022, as compared to Rs.1,478.63 crore during the period ended March 31, 2021.
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CREDITS: As per an Equity bulls report.
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