Alok Industries (ALOKINDS) Q2 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2024, were reviewed and approved by the Board and Audit Committee on October 14, 2024.

• The company operates in a single primary business segment: Textiles.

Financial highlights

• Standalone revenue from operations for Q2 FY25 was ₹852.84 crore, down from ₹968.67 crore in Q1 FY25 and ₹1,338.23 crore in Q2 FY24.

• Standalone net loss for Q2 FY25 was ₹260.60 crore, compared to ₹197.51 crore in Q1 FY25 and ₹170.53 crore in Q2 FY24.

• Consolidated revenue from operations for Q2 FY25 was ₹885.66 crore, down from ₹1,006.30 crore in Q1 FY25 and ₹1,372.34 crore in Q2 FY24.

• Consolidated net loss for Q2 FY25 was ₹262.10 crore, compared to ₹206.87 crore in Q1 FY25 and ₹174.83 crore in Q2 FY24.

• EBITDA loss for the quarter was ₹36.63 crore; half-year EBITDA loss was ₹6.06 crore.

Outlook and guidance

• Management notes improving market conditions and, based on cash flow projections, has prepared financials on a going concern basis.