Textile major, Alok Industries, today said that it has clocked a 29.73 per cent increase in its net sales in Q1 FY09 at Rs 543.44 crore as against Rs 418.90 crore in the year ago period.
Its operating PAT for the reporting quarter grew 8.70 per cent at Rs 29.83 crore as against Rs 27.44 crore in the year ago period, a press release issued here stated.
The operating EBITDA margin for Q1 FY09 was at 24.71 per cent as against 24.29 per cent in the year ago period.
Export sales for the quarter stood at Rs 197.94 crore, up 5.51 per cent as against Rs 187.61 crore posted in the same period last year, the release said.
Alok Industries' Managing Director, Dilip Jiwarajka, said that "while weakening of the Rupee has provided some relief, it has generally been a challenging environment for industry with rising input costs. Our order-book position is comfortable and we are geared to meet the challenges appropriately."
