Key Financial Figures - Consolidated Results

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹1,077.76 crore (Q2 FY26: ₹941.09 crore)
  • Other income: ₹5.75 crore (Q2 FY26: ₹53.68 crore)
  • Total income: ₹1,083.51 crore (Q2 FY26: ₹994.77 crore)
  • Net loss: ₹208.42 crore (Q2 FY26: ₹162.38 crore)
  • Basic EPS: ₹(0.42) (Q2 FY26: ₹(0.33))
  • EBITDA: ₹11.08 crore

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹2,070.87 crore (H1 FY26: ₹1,873.58 crore)
  • Other income: ₹10.88 crore (H1 FY26: ₹60.67 crore)
  • Total income: ₹2,081.75 crore (H1 FY26: ₹1,934.25 crore)
  • Net loss: ₹346.67 crore (H1 FY26: ₹333.94 crore)
  • Basic EPS: ₹(0.70) (H1 FY26: ₹(0.67))
  • EBITDA: ₹90.52 crore

Consolidated Balance Sheet (as of September 30, 2026)

  • Total assets: ₹6,290.86 crore (March 31, 2026: ₹6,474.55 crore)
  • Property, plant and equipment: ₹4,423.94 crore
  • Inventories: ₹893.11 crore
  • Trade receivables: ₹303.69 crore
  • Cash and cash equivalents: ₹22.68 crore
  • Total equity: ₹(21,902.57) crore
  • Borrowings (non-current): ₹25,437.31 crore
  • Borrowings (current): ₹559.77 crore
  • Accumulated losses: ₹25,340.03 crore

Key Financial Figures - Standalone Results

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹1,036.03 crore (Q2 FY26: ₹901.19 crore)
  • Other income: ₹3.65 crore (Q2 FY26: ₹11.57 crore)
  • Total income: ₹1,039.68 crore (Q2 FY26: ₹912.76 crore)
  • Net loss: ₹145.37 crore (Q2 FY26: ₹201.97 crore)
  • Basic EPS: ₹(0.29) (Q2 FY26: ₹(0.41))
  • EBITDA: ₹68.74 crore

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹1,971.97 crore (H1 FY26: ₹1,785.71 crore)
  • Other income: ₹6.70 crore (H1 FY26: ₹17.68 crore)
  • Total income: ₹1,978.67 crore (H1 FY26: ₹1,803.39 crore)
  • Net loss: ₹281.57 crore (H1 FY26: ₹378.45 crore)
  • Basic EPS: ₹(0.57) (H1 FY26: ₹(0.76))
  • EBITDA: ₹145.51 crore

Standalone Balance Sheet (as of September 30, 2026)

  • Total assets: ₹6,192.46 crore (March 31, 2026: ₹6,225.22 crore)
  • Property, plant and equipment: ₹4,438.89 crore
  • Inventories: ₹893.11 crore
  • Trade receivables: ₹297.60 crore
  • Cash and cash equivalents: ₹10.55 crore
  • Total equity: ₹(19,957.53) crore
  • Borrowings (non-current): ₹23,988.41 crore
  • Borrowings (current): ₹346.25 crore
  • Accumulated losses: ₹23,929.78 crore

Exceptional Items

During the quarter, Alok Industries International Limited (wholly owned subsidiary) sold its 100% equity stake in Mileta a.s. for consideration of EUR 558,825, resulting in exceptional loss of ₹62.19 crore. The company also received final insurance claim amount of ₹26.46 crore for tornado damage at Silvassa spinning plants, recognized as exceptional gain. Net exceptional loss: ₹35.73 crore (consolidated) and exceptional gain: ₹26.46 crore (standalone).

Resolution Plan Accounting Treatment

The company continues to account for assigned debt of ₹17,384.02 crore at cost as per Clause 1.2(xi) of the NCLT-approved resolution plan (order dated March 8, 2019), which overrides Ind AS requirements. Had Ind AS been applied, the debt would have been recognized at fair value with imputed interest cost recognized over loan period.

Subsidiaries and Joint Ventures

The consolidated results include:

  • 8 subsidiaries including Alok Industries International Limited, Alok Infrastructure Limited, Grabal Alok International Limited, Alok Worldwide Limited, Alok International Inc., Alok Singapore Pte Limited, Alok International (Middle East) FZE, and Mileta a.s. (until September 24, 2026)
  • 2 joint ventures (unnamed)

One subsidiary with total assets of ₹353.68 crore reported loss of ₹2.24 crore for Q2 FY27. Six subsidiaries with total assets of ₹1,457.69 crore reported profit after tax of ₹168.73 crore for Q2 FY27.

Going Concern Assessment

Despite accumulated losses of ₹25,340.03 crore (consolidated) and negative equity, financial statements are prepared on going concern basis considering cash flow projections, improved market conditions, and expected growth in textile industry.

Segment Information

The Group operates in a single primary business segment: "Textiles".

Approval Process

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 15, 2026 (commenced at 12:45 p.m., concluded at 4:15 p.m.).