Alok Industries, a Mumbai-based textiles company, is in the final stage of its six-year-long capacity expansion phase. This is expected to keep the growth momentum intact in the coming quarters. In the past six years, the company invested around Rs 7,000 crores in all its business segments ranging from home textiles to garments. This has resulted in a debt burden of Rs 9,000 crores and the company spends over 12 per cent of its revenue every quarter to serve the debt, which is much higher tha...
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