Home / Knowledge / News / Textiles / Alok Inds to focus on home textiles, apparel fabrics & polyester yarn in Q4
Alok Inds to focus on home textiles, apparel fabrics & polyester yarn in Q4
Feb '09
Companies in the country are engaged in preparing summaries on their financial performances for the just completed third quarter ending December 2008, amidst a set of new challenges brought along as posterity from weakening economy and resultant recessionary trends.

Alok Industries, one of the the fastest growing vertically integrated textiles solution provider company, has declared its results on January 31, 2009. The Company has maintained its growth trend inspite of milieu of global melt down.

To acquaint our global visitors with the strategies and factors behind this thriving rendition of the textile giant, fibre2fashion team had a one to one with Mr. Sunil Khandelwal, CFO, Alok Industries. The excerpts of the talk are as below:

F2F : This year Alok has embarked growth in its topline by increase of 48.23% compared to Q3 last year. To what goes the credit for this?
Mr. Khandelwal : There has been growth in all the segments of the company. However, Apparel Fabrics, Home Textiles and polyester saw the maximum growth. The increase is primarily due to addition of capacities and higher realization on account of sale of value added products.

F2F : Can you please apprise us about Alok's Products Volume?
Mr. Khandelwal : The capacities of the company are, Click here to view the capacities of the company.

F2F : 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. Which all strategies helped Alok in this increased profitability even in the backdrop of recessionary trends?
Mr. Khandelwal: There has been a growth of 46.91% in EBITDA in Q3FY2009 as compared to Q3FY2008. This was due to the initiatives taken by the company to backwardly integrate into cotton and polyester spinning and increase the product lines into yarn dyed fabrics, work wear fabrics like Flame Retardant, Water Repellent, Anti-Bacteria, Mosquito Repellent, etc.

F2F : Has any Govt sops availed to enhance the performance?
Mr. Khandelwal: The company has availed benefits under TUFs for the loan it has taken for expansion and modernization and Duty Draw Back / DEPB on export sales.

F2F : Where do you see room for betterment in next quarterly results?
Mr. Khandelwal: Going forward the growth will come primarily from the Apparel Fabrics, Home textiles and polyester yarn. In the Apparel Fabrics segment, the company will continue to grow its presence in the work wear segment. On the Home Textiles front, more value addition would come in the form of top-of-the-bed ranges. The next quarter would also witness partial benefit of the company's backward integration into POY for its polyester segment.

Click here to refer to Third Quarter Financial Results.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 8th Dec 2016

China’s economy on track to meet growth expectations

China’s GDP has grown at 6.7 per cent in the first three quarters of...


Textiles | On 8th Dec 2016

SSM shows winding & air-texturing machines at India ITME

SSM (Schärer Schweiter Mettler AG), a leader in yarn processing and...

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

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

Igor Chapurin

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

Sonam & Paras Modi

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search