Alok Industries Q2 Loss Widens To Rs 208 Crore As Revenue Falls 36%
Alok Industries reported a consolidated net loss of Rs 208.4 crore for the second quarter of FY27, compared with a loss of Rs 162.4 crore a year earlier, as revenue fell sharply and an exceptional loss weighed on earnings.
Revenue from operations declined 35.5% to Rs 885.7 crore from Rs 1,372.3 crore in the corresponding quarter of FY26, according to the company’s stock exchange filing. Operating performance, however, improved, with EBITDA rising to Rs 41.3 crore from Rs 5 crore a year earlier.
The company recorded a net exceptional loss of Rs 35.73 crore during the September quarter. This comprised a Rs 62.19 crore loss on the sale of its stake in Mileta a.s., partially offset by an insurance-related gain of Rs 26.46 crore.
For the first half of FY27, consolidated revenue rose 10.5% to Rs 2,070.87 crore from Rs 1,873.58 crore in the corresponding period last year. The half-year net loss nevertheless widened to Rs 346.67 crore from Rs 333.94 crore. Total income stood at Rs 2,081.75 crore, while total expenses were Rs 2,408.76 crore.
Accumulated consolidated losses stood at Rs 25,340.03 crore as of September 30, 2026.
