Alok Industries Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported annual consolidated revenues of ₹3,789 crore. Additionally, the Board has approved the appointment of KFin Technologies Limited as the new Registrar and Share Transfer Agent, replacing MUFG Intime India Private Limited to enhance shareholder service efficiency and technological support for its activities.
Financial Performance Summary
For the fiscal year ended March 31, 2026, Alok Industries reported a consolidated revenue of ₹3,789 crore, compared to ₹3,819.85 crore in the previous year. The company recorded a consolidated net loss of ₹744.11 crore for the year, an improvement from the ₹816.43 crore loss in the preceding fiscal period. On a quarterly basis, Q4 (ended March 31, 2026) saw revenue of ₹995.83 crore with a net loss of ₹192.54 crore.
Operational Outlook
The company maintains a strong focus on its single primary business segment, Textiles. Despite accumulated losses, the management continues its restructuring efforts and emphasizes a positive operational outlook. The company generated an EBITDA of ₹103 crore for the financial year ended March 31, 2026. Based on current cash flow projections, improved market conditions, and anticipated growth within the textile industry, the financial statements have been prepared on a going concern basis.
Strategic Change in Registrar Services
In a move to upgrade its 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 decision marks a transition from the outgoing agent, MUFG Intime India Private Limited. The transition process, which involves shifting databases and electronic connectivity, will be finalized in due course, with the effective date of the change to be announced separately.
Source: BSE
