Alok Industries announced its financial results for the third quarter ended December 31, 2024. Following the release of its underwhelming Q3 results, shares of Alok Industries declined nearly 3% during today’s trading session.
Below are the key highlights:
Key Metrics:
- Revenue from Operations:
The company reported revenue of ₹863.86 crore, reflecting a 2.46% decline QoQ from ₹885.66 crore in Q2 FY25 and a 31.08% decline YoY from ₹1,253.03 crore in Q3 FY24. - Total Income:
Total income stood at ₹870.63 crore, marking a 3.11% decrease QoQ from ₹898.78 crore and a 30.54% drop YoY from ₹1,253.05 crore. - Net Loss for the Period:
The company reported a net loss of ₹272.99 crore for Q3 FY25, widening by 4.11% QoQ from ₹262.10 crore and by 18.86% YoY from ₹229.92 crore in Q3 FY24.
Expense Overview:
- Total expenses for the quarter stood at ₹1,138.52 crore, compared to ₹1,160.63 crore in Q2 FY25 and ₹1,481.56 crore in Q3 FY24.
Alok Industries Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Wed, Jan 15 2025
|
₹19.36
|
₹20.88
|
|
|
Tue, Jan 14 2025
|
₹18.50
|
₹19.31
|
|
|
Mon, Jan 13 2025
|
₹19.31
|
₹18.47
|
-5.23%
|
|
Fri, Jan 10 2025
|
₹19.87
|
₹19.49
|
-1.91%
|
|
Thu, Jan 9 2025
|
₹20.13
|
₹19.87
|
-1.19%
|
|
Wed, Jan 8 2025
|
₹20.39
|
₹20.11
|
-0.40%
|
|
Tue, Jan 7 2025
|
₹19.90
|
₹20.19
|
|
|
Mon, Jan 6 2025
|
₹20.96
|
₹19.93
|
-4.91%
|
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TOPICS:
Alok Industries