Alok Industries reports consolidated net loss of Rs 500.11 crore in the March 2021 quarter

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Sales rise 97.86% to Rs 1466.82 crore
Net loss of Alok Industries reported to Rs 500.11 crore in the quarter ended March 2021 as against net profit of Rs 1790.87 crore during the previous quarter ended March 2020. Sales rose 97.86% to Rs 1466.82 crore in the quarter ended March 2021 as against Rs 741.34 crore during the previous quarter ended March 2020.For the full year,net loss reported to Rs 5673.32 crore in the year ended March 2021 as against net profit of Rs 1310.23 crore during the previous year ended March 2020. Sales rose 16.68% to Rs 3847.59 crore in the year ended March 2021 as against Rs 3297.68 crore during the previous year ended March 2020.
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First Published: Apr 27 2021 | 8:39 AM IST