Home / Knowledge / News / Textiles / Alok Export Sales registers a growth of 50.16%
Alok Export Sales registers a growth of 50.16%
May '08
Alok Industries Limited, one of the leading integrated textile companies in India, reported a Net Sales of Rs 724.79 crore for the quarter ended March 31, 2008, a jump of 26.25% as against Rs 574.08 crore posted in the same period of the last fiscal.

Operating Net Profit for the fourth quarter stood at Rs 60.98 crore, a growth of 24.45% as compared to Rs 49.00 crore posted in the same period of last year. The operating margin for Q4 FY08 was at 24.89% as against 23.34% recorded in Q4 FY 07.

Net sales for the year ended March 31, 2008 grew by 18.34% to Rs 2159.25 crore compared to Rs 1824.68 crore in the previous year, while operating net profit for the year ended March 31, 2008 rose by 23.79% to Rs 167.34 crore, as against Rs 135.18 crore posted in the same period of last fiscal. Earnings Per Share (EPS) for FY08 worked out to Rs 11.51 as compared to Rs 9.70 for the same period last fiscal.

Export Sales for the fourth quarter stood at Rs 385.45 crore, a growth of 50.16% as compared to Rs 256.69 crore posted in the same period of last year. The figure of Export Sales for 2007-08 rose by 59.87% to Rs 1025.87 crore as compared to Rs 641.71 crore in 2006-07.

Commenting on the results, Mr. Dilip Jiwrajka, Managing Director, Alok Industries Limited said, “It is indeed a gratifying feeling to have record export growth in a year when the rupee was in an appreciation mode and generally testing conditions had set in towards the latter half of the year.

Must ReadView All

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search