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Monday, 18 April 2022 15:35

India: Alok Industries’ Q4 net loss surge

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In its Q4 FY2022, Alok Industries’ net loss surged 29.633 per cent to Rs -26.76 crore as against Rs -0.09 crore in the Q3 FY22 ended December 31, 2021. As per an Equity bulls income declined 5.18 per cent 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 per cent to Rs.-26.76 crores for the period ended March 31, 2022 as against net loss of Rs.-500.11 crore for the period ended March 31, 2021. On the other hand, net income increased 37.39 per cent 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.