Alok Industries Q1FY10 net sales up by 44.69%

30 Jul '09

1 min read

Alok Industries Limited, one of the leading integrated textile companies in India, reported net sales of Rs. 786.28 crore for the quarter ended June 30, 2009, registering a growth of 44.69% as against Rs. 543.44 crore posted in the same period of last fiscal.

Export Sales for Q1FY10 was at Rs. 264.86 crore, registering a growth of 33.81% as compared to Rs. 197.94 crore posted in the same period of last fiscal.

Operating PAT for the first quarter stood at Rs. 31.90 crore, grown by 6.94%, as compared to Rs. 29.83 crore posted in the same period of last fiscal.

Commenting on the results, Mr. Dilip Jiwrajka, Managing Director, Alok Industries Limited said, “The results are a testimony to our conviction in building world class integrated capacities in terms of size and technology, a wide product portfolio and a keen desire to delight our customers, always. Our positioning in the industry continues to help us to handle challenging business conditions. As we move into, hopefully, less stressful times as compared to the immediate past few months, we are confident of our continued growth.”

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