5210702025-04-012025-06-305210702025-04-012025-06-30in-capmkt:OtherExpenses1Member5210702025-04-012025-06-30in-capmkt:OtherExpenses2Member5210702025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15210702025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares521070ALOKINDSNOTLISTEDINE270A01029ALOK INDUSTRIES LIMITEDMain BoardEquity2025-04-012026-03-312025-07-172025-07-10INRCroresQuarterlyFirst quarterSingle segmentTextile2025-07-1714:00:002025-07-1716:10:00Not applicable2025-04-012025-06-30UnauditedConsolidated932490000069900000939480000047050000001400000-13580000012641000001558700000682100000328870000011364200000-1969400000256000000-17134000000000-1713400000000-2200000-171560000068400000-1647200000-17156000000-1647200000049653000001-0.35-0.3500-0.35-0.351 The above financial results of Alok Industries Limited the Company for the quarter ended June 30 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 17 2025 and have been subjected to review by the statutory auditors <BR> <BR> 2 On July 12 2024 certain spinning plants of the Company located at Silvassa was struck by tornado causing damage to certain assets of the Company Basis preliminary assessment management had assessed loss of Rs 61 42 crore due to above and recorded a loss relating to property plant and equipment as per WDV and inventories under the head exceptional items The Company is of the view that it has adequately covered its assets by insurance policy and the surveyors assessment is in progress Since there was certainty on recovery of loss from insurance company the Company had recorded the entire amount of loss as insurance claim receivables under the head exceptional items and the Company has already received on account payment of Rs 55 crore from the Insurance company during the year ended March 31 2025 During the quarter ended June 30 2025 the Company has further received on account payment of Rs 25 crore from insurance company Further it has sold certain damaged assets for Rs 7 02 crore during the current quarter The net amount of Rs 25 60 crore has been recognised during the current quarter under the head exceptional items <BR> <BR> 3 The Company underwent a corporate insolvency resolution process under section 31 of the Insolvency and Bankruptcy Code 2016 A resolution plan was approved by the Hon ble National Company Law Tribunal Ahmedabad Bench Approved Resolution Plan vide its order dated March 8 2019 and the implementation of the Approved Resolution Plan was concluded in the earlier year with the re-constitution of the Board of Directors of the Company on September 14 2020 <BR> <BR> 4 As per Clause 1 2 xi of Approved Resolution Plan the outstanding debt amounting to Rs 17384 02 crore assigned to Resolution Applicants shall not carry interest for the first 8 years from the Closing Date as defined in the Approved Resolution Plan hence such debt has been measured at cost After such period of 8 years the terms of assigned debt shall be mutually agreed among the Resolution Applicants and the Company The Approved Resolution Plan has an overriding effect on the requirements of Ind AS as per legal view obtained by the Company in this regard Hence had the Company applied the Ind AS it would have recognised the assigned debt at its fair value and accordingly recognized the imputed interest cost over the period of loan in the statement of profit and loss <BR> <BR> 5 The Company incurred a loss of Rs 176 48 crore for the quarter ended June 30 2025 and has accumulated losses of Rs 23044 88 crore as on that date its current assets exceeds its current liabilities by Rs 17777 crore and it has earned EBITDA of Rs 42 86 crore for the quarter ended June 30 2025 Considering the above the financial results have been prepared on a going concern basis <BR> <BR> 6 The Group operates in a single primary business segment namely Textiles which constitutes a reportable segment in the context of Ind AS 108 on Operating Segments <BR> <BR> 7 Figures for the quarter ended March 31 2025 are the balancing figures between audited figures in respect of the full financial year ended on that date and the published reviewed year to date figures up to the third quarter of that financial year <BR> Power & Fuel1860700000Other expenses1428000000Remeasurements gains /(losses) on defined benefit plans200000020000000Foreign Currency Translation Reserve6640000066400000068400000