Company Profile For Alok Industries Limited

Alok Industries Limited (ALOK.BO) (Bombay Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Textiles & Leather Goods ·

As of 1:02pm IST

20.75INR

Price Change

-0.20

Percent Change

-0.95%

Analyst Recommendations

Overview

Alok Industries Limited is an India-based company engaged in the textile business. The Company’s business is divided into five divisions: cotton yarn, apparel fabric, home textiles, garments and polyester yarn. The Company exports its products to over 70 countries, including United States, Europe, Latin America, Asia and Africa. The Company subsidiaries include Alok Infrastructure Pvt Ltd., Alok Apparel Private Ltd., Alok Clothing Company Pvt. Ltd. and Alok Land Holdings Pvt Ltd. In September 2008, the Company spun off its retail operations into a subsidiary company under the name of Alok India Retail Ltd.

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2009, Alok Industries Limited's revenues increased 44% to RS7.87B. Net income before extraordinary items increased 7% to RS319M. Revenue reflects an increase in income from operation. Net income was partially offset by an increase in consumption of raw material, employees cost, a rise in other expenditure, depreciation expenses, current tax and interest expenses.

Company Address

Alok Industries Limited
Peninsula Towers, ' A' Wing,
Peninsula Corporate Park
Ganpatrao Kadam Marg
Mumbai 400 013
P: +9122.24996200
F: +9122.22874864