RIL-backed Alok Industries Shares Surge 18% as Q4 Loss Narrows

Alok Industries rose as much as 18% on the bourses today after the company reported narrowed losses for the March quarter. The textile company's consolidated net loss narrowed to Rs 74.47 crore in the March quarter. 

The company has slashed its a consolidated net loss by over 65% on year during the fourth quarter of the previous financial year. However, its consolidated revenue for the quarter under review dipped 35% on year to Rs 952.96 crore.

The stock, later, trimmed some gains to trade at Rs 18.97, up 15% over the previous closing price on the National Stock Exchange.

Despite the weak topline, it was lower input costs and inventory related expenses that boosted the company’s bottomline for the quarter gone by. Apart from this, a one-time exceptional gain of Rs 94.14 crore also aided the company’s earnings, helping narrow down losses. Excluding this exceptional item, the company's consolidated net loss was Rs 168.61 crore.

For the full fiscal, Alok Industries reported a consolidated net loss of Rs 816.43 crore for the year ended March against a net loss of Rs 846.82 crore a year ago. Sales fell 33% to Rs 3,708.78 crore for FY25.

Reliance Industries holds 40% stake in Alok Industries, whereas JM Financial Asset Reconstruction Company holds nearly 35% stake in the company as of March 31.

Alok Industries share price has surged over 14% in last one month, but is down 9.5% since the start of 2025. Over the past six months, the stock has lost 11%, while the stock has fallen 30% in one year. The stock has recently hit a 52-week low of Rs 14.01 on April 7 this year. It hit a 52-week high of Rs 30 on June 19 last year on the NSE.