UNAUDITED FINANCIAL RESULTS (PROVISIONAL)

FOR THE QUARTER ENDED 30 JUNE 2008

Rs. in CRORES
SR. PARTICULARS 1ST QUARTER ENDED YEAR ENDED
No. 30.06.2008 30.06.2007 31.03.2008
[3 Months] [3 Months] [12 Months]
(Provisional) (Provisional) (Provisional)

1. Net Sales / Income from operations 543.44 418.90 2,159.25

2. Other Income 1.01 0.19 4.61
3. Total Income 544.45 419.09 2,163.86
4. Expenditure
a] (Increase) / Decrease in Stock in trade and work in progress (63.39) (70.09) (21.96)
b] Consumption of raw material 347.03 299.45 1,193.54
c] Employees Cost 21.56 17.03 73.54
d] Other Expenditure 104.95 70.95 388.83
Total 410.15 317.34 1,633.95
Profit Before Interest & Depreciation 134.30 101.75 529.91
5. Depreciation 48.81 35.75 161.25
Profit Before Interest & Tax 85.49 66.00 368.66
6. Interest 41.32 27.01 121.27
7. Profit from ordinary activities Before Tax 44.17 38.99 247.39
8. Provision for Tax – Current 5.00 4.42 28.03
– MAT Credit - - -
– Deferred 9.10 6.96 50.77
– Fringe Benefit Tax 0.24 0.17 1.25
Net Profit / (Loss) from ordinary activities after tax 29.83 27.44 167.34
9. Extra ordinary items (Net of tax) (1.48) 27.57 33.18
10. Net Profit for the period 28.35 55.01 202.52
11. Paid up Equity Share Capital 196.97 170.37 187.17
(Face Value Rs.10/- per equity Shares)
12. Reserve excluding revaluation reserves 1,160.92 854.07 854.07
(as per Balance Sheet of previous accounting year)
13. Earning Per Share (Rs.)
a] Basic 1.46* 3.23* 11.51
b] Diluted 1.34* 2.90* 9.54
14. Aggregate of public share holdings
- Number of Shares 126,920,029 118,321,271 126,920,029
- Percentage of Shareholding 64.44% 69.45% 67.81%
* - Not annualised

4
1 The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors of
the Company at their meeting held on 30th July, 2008. The same are subject to Limited Review by the Statutory
Auditors of the Company.

2 The Company achieved Sales of Rs.543.44 crore as compared to Rs.418.90 crore in the corresponding quarter of
the previous year, an increase of 29.73%. Exports for the quarter increased by 5.51% to Rs.197.94 crore as
compared to Rs.187.61 crore in the corresponding quarter of the previous year.

3 Number of Investor complaints at the beginning of the quarter were Nil, received during the quarter were 2,
disposed off during the quarter were 2 and lying unresolved at the end of the quarter were Nil.

4 The entire operations of the company relate to only one segment viz., textiles. The risk and returns are generally
perceived by the management to be the same for all units and thus treated as one segment.

5 The figures of previous quarter/period have been reclassified/ regrouped wherever necessary to correspond with
those of the current quarter/period.

By order of the Board

For ALOK INDUSTRIES LIMITED
Sd/-
Place: Mumbai DILIP B. JIWRAJKA
Date: 30th July 2008 Managing Director