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 Financial Performance
The consolidated figures show that revenue from operations reached Rs. 993.11 Crore during the quarter. However, total expenses amounting to Rs. 1,153.45 Crore led to a loss from operations before the share of loss from joint ventures.| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) |
|---|---|---|
| Revenue from Operations | Rs. 993.11 Crore | Rs. 982.97 Crore |
| Other Income | Rs. 5.13 Crore | Rs. 12.86 Crore |
| Total Income | Rs. 998.24 Crore | Rs. 995.83 Crore |
| Total Expenses | Rs. 1,153.45 Crore | Rs. 1,189.20 Crore |
| Net Loss for the Period | Rs. 138.25 Crore | Rs. 192.54 Crore |
| Total Comprehensive Income | Rs. 136.55 Crore (Loss) | Rs. 281.86 Crore (Loss) |
Standalone Financial Performance
On a standalone basis, the company recorded revenue from operations of Rs. 935.94 Crore. The net loss for the period was reported at Rs. 136.20 Crore against a total income of Rs. 938.99 Crore.| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) |
|---|---|---|
| Revenue from Operations | Rs. 935.94 Crore | Rs. 932.56 Crore |
| Other Income | Rs. 3.05 Crore | Rs. 12.34 Crore |
| Total Income | Rs. 938.99 Crore | Rs. 944.90 Crore |
| Total Expenses | Rs. 1,092.39 Crore | Rs. 1,131.60 Crore |
| Net Loss for the Period | Rs. 136.20 Crore | Rs. 186.66 Crore |
| Total Comprehensive Income | Rs. 136.20 Crore (Loss) | Rs. 187.11 Crore (Loss) |
Operational Highlights and Exceptional Items
The company recognized an exceptional gain of Rs. 17.20 Crore during the current quarter. This amount was received from an insurance claim filed in the financial year 2024-25 regarding damages caused by a tornado to spinning plant assets located at Silvassa.Regarding its debt obligations, the company accounted for assigned debt at cost as per the Approved Resolution Plan. Under this plan, outstanding debt amounting to Rs. 17,384.02 Crore does not carry interest for the first 8 years from the Closing Date. The company maintains that this treatment overrides Indian Accounting Standards (Ind AS) due to the specific legal protections provided in the resolution plan.
The group continues to operate primarily in the "Textiles" segment. As of June 30, 2026, the company has accumulated losses of Rs. 23,784.41 Crore.
ALOKINDS Stock Price Movement
Alok Industries Limited shares today slipped by 0.24% to settle at ₹12.51 in post-market trading. The stock saw a total volume of 4.37 million shares as it retreated from its intraday high of ₹12.89.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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