Page Industries

Page Industries reported a marginal decline in net profit to Rs 194.76 crore in the September quarter compared to Rs 195.25 crore in the same period last year, despite revenue growing 3.57% to Rs 1,290.85 crore. The apparel manufacturer, which is the exclusive licensee of JOCKEY International for multiple countries, saw sales volume growth of 2.5% with 56.6 million pieces sold, while total expenses increased 5.1% to Rs 1,049.27 crore.

Page Industries has announced plans to review its quarterly results on November 13. The company will be examining its financial performance during this scheduled review session.

Page Industries Limited reported revenue of Rs. 13,156 million for Q1 FY26, representing 3.1% growth year-on-year. Sales volume reached 58.6 million pieces with 1.9% growth. Despite modest revenue growth, the company achieved strong profitability with EBITDA of Rs. 2,947 million (21.1% growth) and profit after tax of Rs. 2,008 million (21.5% growth). EBITDA margin stood at 22.4%. The company experienced subdued consumption during the quarter, particularly affecting offline retail performance due to festive timing shifts and general retail slowdown. Online business continued delivering robust growth. Management noted month-on-month improvement with May stronger than April and June stronger than May. The company maintained its margin guidance of 19-21% and continued strategic investments including SAP S4 HANA migration and new Salesforce distribution management system. Commercial operations commenced at the new Odisha plant, and the company launched JKY Groove fashion range targeting younger audiences. The distribution network includes 110,400+ multi-branded outlets, 1,490 exclusive brand stores, and 1,296 large format point of sales.