Page Industries Reports Robust Profit Surge Amid Strategic Expansions
Page Industries Ltd reports a 21.52% increase in net profit for June FY26, citing volume growth and cost optimization. Revenue rose 3% as its sales volume hit 58.6 million pieces. The company signals a demand recovery outlook, leveraging low inflation and expanding its product range and e-commerce presence.
- Country:
- India
Apparel manufacturer Page Industries Ltd has reported a significant 21.52% increase in net profit for the June quarter of FY26, reaching Rs 200.79 crore, driven by volume growth, supply chain efficiencies, and cost optimization strategies.
The company, which had posted a net profit of Rs 165.22 crore during the same period last year, saw its revenue from operations climb 3% to Rs 1,316.56 crore. The earnings report highlighted a sales volume growth of 1.9% year over year, totaling 58.6 million pieces, with EBITDA growth at 21.1% amounting to Rs 294 crore.
Commenting on the results, Managing Director V S Ganesh expressed optimism about demand recovery in forthcoming quarters, citing low inflation and increased consumer liquidity. As part of its ongoing strategy, the company declared a first interim dividend of Rs 150 per equity share for FY 2025-26.
(With inputs from agencies.)
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