Alok Industries Limited has released its audited financial results for the quarter and year ended March 31, 2026. The company reported annual consolidated revenue from operations of ₹3,714.79 crore, while simultaneously announcing a strategic change in its Registrar and Share Transfer Agent (RTA). The company has transitioned from MUFG Intime India Private Limited to KFin Technologies Limited to enhance service efficiency for its shareholders.
Financial Performance Overview
For the financial year ended March 31, 2026, Alok Industries reported a consolidated revenue from operations of ₹3,714.79 crore. The company recorded a consolidated net loss of ₹744.11 crore for the full year. The Board of Directors emphasized that despite operational challenges, the company achieved an EBITDA of ₹103 crore for the year, reflecting ongoing efforts toward business restructuring and operational improvements.
Strategic Change in Shareholder Services
The company has announced a significant shift in its administrative operations by appointing KFin Technologies Limited (KFintech) as its new Registrar to an Issue and Share Transfer Agent (RTA). This appointment replaces the incumbent, MUFG Intime India Private Limited. This transition aims to leverage KFintech’s robust technological framework and experienced professional team to provide more efficient, quick, and high-quality services to the company’s shareholder base.
Operational Outlook and Continuity
The company maintains its commitment to a going concern basis for its financial reporting, driven by positive cash flow projections and anticipated growth in the textile sector. As the company continues to restructure its operations following its historical resolution plan, it remains focused on optimizing its single primary business segment: Textiles. Shareholders will be updated separately regarding the effective date of the data migration and the finalization of the RTA transition process.
Source: BSE
