Home / Knowledge / News / Textiles / Alok industries report increased quarterly sales for 31st Dec, '08
Alok industries report increased quarterly sales for 31st Dec, '08
31
Jan '09
Alok Industries Limited, one of the leading integrated textile companies in India, reported a net sales of Rs. 816.41 crore for the quarter ended 31 December 2008 as compared to Rs. 550.78 crore in corresponding period of the last fiscal year, registered a growth of 48.23%.

Export Sales for the quarter stood at Rs 327.83 crore against Rs. 251.41 crore in the corresponding period of the last fiscal year, registered a growth of 30.40%.

Operating Net Profit for the quarter stood at Rs. 49.83 crore grown by 15.43% as compared to Rs. 43.17 crore posted in the same period of last fiscal year.

Net Sales for nine months ended December 31, 2008 stood at Rs.2057.99 crore as compared to Rs. 1434.46 crore in the corresponding period of the last fiscal year, registered a growth of 43.47%.

Export sales for nine months ended December 31, 2008 stood at Rs. 786.93 crore as compared to Rs. 640.42 crore in the corresponding period of the last fiscal year, registered a growth of 22.88%.

Operating Net Profit for the nine months ended December 31, 2008 stood at Rs. 124.93 crore as compared to Rs. 106.36 crore in the corresponding period of the last fiscal year, registered a growth of 17.46%

Operating Earnings per Share for nine months ended December 31, 2008 worked out to Rs 6.37 as compared to Rs 6.20 in the corresponding period of the last fiscal year, registered a growth of 2.74%.

Commenting on the results, Mr. Dilip Jiwrajka, Managing Director, Alok Industries Limited said, “In rather challenging times, we increased sales by 48% and EBITDA by 58% - thanks to growing our capacities, greater efficiencies and excellent brand reputation with all our global customers. Our order books are healthy and we expect to maintain growth in revenue and profits going forward.”

Alok Industries Ltd

Must ReadView All

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search