Page Industries Q4 Results: Management warns of near-term uncertainties; dividend declared
Published on 15/05/2025 03:29 PM
Page Industries Q4 Results: Management warns of near-term uncertainties; dividend declaredThe board of Page Industries has also approved a fourth interim dividend of ₹200 per share for financial year 2025, taking the total payout for the full year to ₹900 per share.By Hormaz Fatakia May 15, 2025, 3:29:48 PM IST (Published)2 Min ReadPage Industries Ltd., the parent company of Jockey India, said in its earnings statement that there are significant near-term uncertainties, accentuated by the geopolitical conflicts. However, the innerwear and athleisure manufacturing company is confident of the industry outlook being "very positive" in the longer term.
Rapid urbanisation and rising purchasing power in the country will contribute to this strong outlook, Page Industries said in its post-earnings statement on Thursday, May 15.
Page Industries reported a 10.6% growth in its overall revenue for the March quarter to ₹1,098 crore from ₹993 crore that it had reported during the same quarter last year.
Net profit for the period increased by over 50% from last year to ₹164 crore. The company attributed this to its sharp focus on supply chain efficiency, product innovation, cost optimisation and consumer experience across all touch points.
Page Industries' Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter stood at 43% from the same quarter last year to ₹235.3 crore, while margins expanded by nearly 500 basis points from the year-ago quarter to 21.4% from 16.6%.
The board of Page Industries has also approved a fourth interim dividend of ₹200 per share for financial year 2025, taking the total payout for the full year to ₹900 per share.
Shares of Page Industries are trading 1.3% higher after the earnings announcement at ₹47,040. The stock has remained flat so far in 2025.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsDividend stocksPage IndustriesPage Industries shares