Alok Industries has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported annual revenue from operations of ₹3,714.79 crore on a consolidated basis. Alongside the financial disclosure, the company announced a strategic change in its Registrar to an Issue and Share Transfer Agent, appointing KFin Technologies Limited to replace the incumbent, MUFG Intime India Private Limited, to enhance service efficiency for its shareholders.
Financial Performance Overview
For the financial year ended March 31, 2026, Alok Industries reported a consolidated annual revenue of ₹3,714.79 crore, compared to ₹3,708.78 crore in the previous year. The consolidated net loss for the year stood at ₹744.11 crore. On a standalone basis, the company recorded annual revenue of ₹3,525.30 crore with a net loss of ₹779.81 crore.
Operational Context and Going Concern
The company continues its process of business restructuring. As of March 31, 2026, Alok Industries reported an annual EBITDA of ₹103 crore on a consolidated basis. Despite significant accumulated losses, the management remains confident in the company’s financial stability, citing improved market conditions and positive cash flow projections in the textile sector to justify the preparation of financial statements on a going concern basis.
Strategic Change in Shareholder Services
The Board of Directors has approved the appointment of KFin Technologies Limited as the company’s new Registrar and Share Transfer Agent (RTA). This transition replaces the current provider, MUFG Intime India Private Limited. The company noted that this change is intended to leverage KFintech’s technological framework and e-solutions to provide more efficient, high-quality services to the shareholder base. The transition of electronic connectivity and data will occur in due course, with the effective date to be communicated separately.
Key Financial Highlights
- Consolidated Annual Revenue: ₹3,714.79 crore
- Consolidated Net Loss (Year): ₹744.11 crore
- Standalone Annual Revenue: ₹3,525.30 crore
- Standalone Net Loss (Year): ₹779.81 crore
Source: BSE
