Alankit reports 5% rise in Q2 consolidated net profit
13th Nov 2020

Alankit has reported results for the second quarter ended September 30, 2020.

The company has reported a rise of 21.07% in its net profit at Rs 2.93 crore for the quarter under review as compared to net profit of Rs 2.42 crore for the same quarter in the previous year. However, total income of the company decreased by 34.28% at Rs 24.81 crore for Q2FY21 as compared Rs 37.75 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a marginal rise of 4.50% in its net profit at Rs 3.25 crore for the quarter under review as compared to net profit at Rs 3.11 crore for the same quarter in the previous year. However, total income of the company decreased by 43.87% at Rs 27.99 crore for Q2FY21 as compared Rs 49.87 crore for the corresponding quarter previous year.