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Reliance Industries in talks to acquire stake in home styling brand Portico

Alok Industries Q4 Results: Net loss at Rs 500 crore


Alok Industries Q4 Results: Net loss at Rs 500 crore
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Last Updated: Apr 27, 2021, 04:25 PM IST
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Total income during the quarter under review stood at Rs 1,478.63 crore, up 95.04 per cent, as against Rs 758.11 crore reported in the same quarter a year ago, Alok Industries said in a regulatory filing.
In February 2020, Reliance Industries announced it will acquire 37.7 per cent stake in textile manufacturer Alok Industries Ltd for Rs 250 crore.
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NEW DELHI: Textile firm
Alok Industries on Tuesday reported a consolidated net loss of Rs 500.11 crore for the quarter ended March 31, 2021. The company had reported net profit of Rs 1,790.87 crore of the corresponding quarter a year ago. ....

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