Page Industries Ltd

Page Industries has fixed 23 May 2025 as record date for payment of 4th interim dividend for FY 2024-25, if declared by the board of the company at its meeting scheduled to be held on 15 May 2025. Powered by Capital Market - Live

Page Industries will hold a meeting of the Board of Directors of the Company on 15 May 2025.Powered by Capital Market - Live

Page Industries announced the resignation of RaviKumar P from the position of Chief People Officer of the company with effect from 16 April 2025. Powered by Capital Market - Live

Net profit of Page Industries rose 34.34% to Rs 204.66 crore in the quarter ended December 2024 as against Rs 152.35 crore during the previous quarter ended December 2023. Sales rose 7.14% to Rs 1313.05 crore in the quarter ended December 2024 as against Rs 1225.55 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1313.051225.55 7 OPM %23.0418.48 - PBDT304.63224.69 36 PBT274.97202.08 36 NP204.66152.35 34 Powered by Capital Market - Live

In Q3 FY25, sales volume grew 4.7% YoY, amounting to 57.8 million pieces. Profit before tax in Q3 FY25 was at Rs 274.97 crore, up 36.07% as against Rs 202.08 crore reported in the same period a year ago. EBITDA stood at Rs 302.5 crore, registering the growth of 33.61% as compared with Rs 226.4 crore in Q3 FY24. EBITDA margin improved to 23% in Q3 FY25 as against 18.5% in Q3 FY24, driven by meticulous control over operating expenses, consistent revenue growth and improvement in inventory turns. On outlook & trends front, the company said that the Indian apparel retail sector confronts short-term headwinds due to dampened consumer sentiment. Nonetheless, long-term growth prospects remain robust, propelled by economic expansion, urbanization, and rising disposable incomes. Athleisure and innerwear are poised as pivotal growth drivers, complemented by the proliferation of organized retail and e-commerce. V.S. Ganesh, managing director, Page Industries, said, 'I am thrilled to announce that we have achieved strong profit growth, driven by consistent revenue increases and meticulous control over operating expenses. Our unwavering commitment to investing in top talent, product innovation, and digital transformation is propelling us towards our strategic goals. We are perfectly positioned to seize promising future growth opportunities, with modern retail and e-commerce continuing to serve as powerful growth engines. Our focus on these areas not only strengthens our overall market position but also ensures we remain at the forefront of industry advancements.' Meanwhile, the company's board has declared third interim dividend of Rs 150 per equity share for the financial year 2024-2025. The record date fixed for the payment of the interim dividend is 13 February 2025. The date fixed for payment of dividend is on or before 7 March 2025. Page Industries is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution, and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, the Maldives, Bhutan, and the UAE. Page Industries is also the exclusive licensee of Speedo International for the manufacture, marketing, and distribution of the Speedo brand in India. Powered by Capital Market - Live

Page Industries announced that the Board of Directors of the Company at its meeting held on 5 February 2025, inter alia, have recommended the Third Interim dividend of Rs 150 per equity Share (i.e. 1500%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Page Industries has fixed 13 February 2025 as record date for third interim dividend of Rs 150 per share for FY 2024-25. The dividend will be paid on or before 07 March 2025. Powered by Capital Market - Live

Page Industries will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live

Karthik Yathindra has over 15 years of experience in sales, retail, product, marketing, and business management in the fashion and lifestyle industry. He began his career at Titan Company, where he spent over six years across roles in Sales, Distribution, Retail Operations, Product Management, and Marketing, working with brands like Titan, Fastrack, Sonata, and Zoop. Page Industries is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution, and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, the Maldives, Bhutan, and the UAE. Page Industries is also the exclusive licensee of Speedo International for the manufacture, marketing, and distribution of the Speedo brand in India. The company's standalone net profit jumped 29.93% to Rs 195.25 crore on 11.06% increase in revenue from operations to Rs 1,246.27 crore in Q2 FY25 over Q2 FY24. Shares of page industries shed 0.48% to Rs 47,672.90 on the BSE.Powered by Capital Market - Live

ITI Ltd, Indian Hotels Co Ltd, Cummins India Ltd, DCM Shriram Ltd are among the other stocks to see a surge in volumes on BSE today, 08 November 2024.Page Industries Ltd saw volume of 1768 shares by 10:47 IST on BSE, a 7.54 fold spurt over two-week average daily volume of 234 shares. The stock increased 5.02% to Rs.47,371.00. Volumes stood at 737 shares in the last session.ITI Ltd recorded volume of 11.39 lakh shares by 10:47 IST on BSE, a 5.77 times surge over two-week average daily volume of 1.98 lakh shares. The stock gained 7.82% to Rs.287.50. Volumes stood at 13.99 lakh shares in the last session.Indian Hotels Co Ltd recorded volume of 6.41 lakh shares by 10:47 IST on BSE, a 5.02 times surge over two-week average daily volume of 1.28 lakh shares. The stock gained 5.68% to Rs.722.45. Volumes stood at 3.1 lakh shares in the last session.Cummins India Ltd recorded volume of 42738 shares by 10:47 IST on BSE, a 4.44 times surge over two-week average daily volume of 9624 shares. The stock lost 0.96% to Rs.3,521.75. Volumes stood at 14425 shares in the last session.DCM Shriram Ltd witnessed volume of 36571 shares by 10:47 IST on BSE, a 3.43 times surge over two-week average daily volume of 10669 shares. The stock increased 2.36% to Rs.1,285.85. Volumes stood at 49896 shares in the last session.Powered by Capital Market - Live