ALOK INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 75.2%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ALOK INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 75.2%
Tue, 27 Nov

ALOK INDUSTRIES has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

ALOK INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m7,9467,8658,96113.9%12.8%
Other incomeRs m5711717-1.2%-97.1%
TurnoverRs m8,5177,8828,97713.9%5.4%
ExpensesRs m42,6948,0649,82421.8%-77.0%
Gross profitRs m-34,749-199-863
DepreciationRs m1,2661,3321,304-2.1%3.1%
InterestRs m19,65610,46211,51610.1%-41.4%
Profit before taxRs m-55,099-11,976-13,667
TaxRs m-26000.0%
Profit after taxRs m-55,073-11,976-13,667
Gross profit margin%-437.3-2.5-9.6
Effective tax rate%0.00.00.0
Net profit margin%-646.6-151.9-152.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 12.8% on a year-on-year (YoY) basis. The expenses were down by 77.0% YoY during the same period.
  • The company's operating profit declined by 97.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 9.6% in 2QFY19 as against 437.3% in 2QFY18.
  • Depreciation charges increased by 3.1% and finance costs declined by 41.4% YoY, respectively.
  • Other income declined by 97.1% YoY during the quarter.
  • Net profit for the quarter increased by 75.2% YoY. Net profit margins during the quarter increased from -646.6% in 2QFY18 to -152.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 13.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 21.8% QoQ during the same period.
  • The company's operating profit declined by 333.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 9.6% in 2QFY19 as against 2.5% in 1QFY18.
  • Net profit for the quarter declined by 14.1% QoQ, while net profit margins declined from -151.9% in 1QFY18 to -152.2% in 2QFY19.

To see how ALOK INDUSTRIES has performed over the last eight quarters, please visit here.

ALOK INDUSTRIES Share Price Performance

Over the last one year, ALOK INDUSTRIES share price has moved up from Rs 3.8 to Rs 3.2, registering a Loss of Rs 0.7 or around 18.0%.

Overall, the S&P BSE SENSEX is up 5.1% over the year.

Current Valuations

At the current price of Rs 3.2, the price to book value (P/BV) ratio of ALOK INDUSTRIES stands at 0.3 times.

Equitymaster requests your view! Post a comment on "ALOK INDUSTRIES Announces Quarterly Results (2QFY19); Net Profit Up 75.2%". Click here!

  

Related Views on News

ALOK INDUSTRIES Announces Quarterly Results (4QFY19); Net Profit Up 561.0% (Quarterly Result Update)

Jun 17, 2019 | Updated on Jun 17, 2019

For the quarter ended March 2019, ALOK INDUSTRIES has posted a net profit of Rs 61 bn (up 561.0% YoY). Sales on the other hand came in at Rs 8 bn (down 8.5% YoY). Read on for a complete analysis of ALOK INDUSTRIES's quarterly results.

ALOK INDUSTRIES Announces Quarterly Results (3QFY19); Net Profit Up 73.5% (Quarterly Result Update)

Feb 25, 2019 | Updated on Feb 25, 2019

For the quarter ended December 2018, ALOK INDUSTRIES has posted a net profit of Rs 13 bn (up 73.5% YoY). Sales on the other hand came in at Rs 7 bn (down 29.1% YoY). Read on for a complete analysis of ALOK INDUSTRIES's quarterly results.

ALOK INDUSTRIES 2017-18 Annual Report Analysis (Annual Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

Here's an analysis of the annual report of ALOK INDUSTRIES for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of ALOK INDUSTRIES. Also includes updates on the valuation of ALOK INDUSTRIES.

More Views on News

Most Popular

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

The Best Asset Class to Invest in 2020(Fast Profits Daily)

Jan 24, 2020

Why I'm most bullish on this asset class above all else in 2020.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

ALOK INDUSTRIES SHARE PRICE


Jan 27, 2020 (Close)

TRACK ALOK INDUSTRIES

  • Track your investment in ALOK INDUSTRIES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON ALOK INDUSTRIES

ALOK INDUSTRIES 8-QTR ANALYSIS

COMPARE ALOK INDUSTRIES WITH

MARKET STATS