Alok Industries Ltd Reports Net Loss of Rs. 136.20 Crore for Quarter Ended June 30, 2026
Alok Industries Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss of Rs. 136.20 Crore for the standalone period, while the consolidated net loss stood at Rs. 138.25 Crore.The financial performance reflects an ongoing period of operational restructuring as the company navigates its current turnaround phase. Despite the losses, the company reported a positive EBITDA of Rs. 59.57 Crore for the quarter ended June 30, 2026. The statements were prepared on a going concern basis, supported by cash flow projections and anticipated growth within the textile industry.Consolidated...