Page Industries FY26 Net Profit Rises 4.8% to ₹7,638 Million

1 min read     Updated on 22 May 2026, 02:07 PM
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AI Summary

Page Industries reported a 4.8% rise in FY26 net profit to ₹7,638 million, with revenue growing to ₹52,468 million. Q4 net profit increased to ₹1,787 million. The Board declared a fourth interim dividend of ₹150 per share, with a record date of May 27, 2026.

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Page Industries has announced its audited financial results for the year ended March 31, 2026, recording a net profit of ₹7,638 million. This represents a growth of 4.8% compared to ₹7,291 million in the previous fiscal year. Revenue from operations for the year stood at ₹52,468 million, up from ₹49,349 million in FY25. The company's EBITDA for FY26 rose to ₹11,529 million, an increase of 8.5% from ₹10,626 million in the prior year.

Annual Financial Performance

Profit before tax for the year was ₹10,253 million, an increase from ₹9,786 million in FY25. The board has declared a fourth interim dividend of ₹150 per share for the financial year 2025-26. The following table summarises the key financial metrics for the year:

Metric: FY26 (Audited) FY25 (Audited)
Revenue from Operations: ₹52,468 million ₹49,349 million
Total Income: ₹53,106 million ₹49,965 million
EBITDA: ₹11,529 million ₹10,626 million
Profit Before Tax: ₹10,253 million ₹9,786 million
Net Profit: ₹7,638 million ₹7,291 million

Operational Highlights

For the quarter ended March 31, 2026, the company reported a net profit of ₹1,787 million, up from ₹1,640 million in the corresponding quarter of the previous year. Revenue from operations for Q4 FY26 was ₹12,526 million, a 14.1% increase compared to ₹10,981 million in Q4 FY25. EBITDA for the quarter stood at ₹2,605 million, growing 10.7% YoY. The company recognized an exceptional item of ₹350 million during the year related to the New Labour Codes.

Dividend Declaration

The Board of Directors at its meeting held on May 21, 2026, declared a fourth interim dividend of ₹150 per equity share. The record date for the payment of this dividend is fixed for May 27, 2026, with the payment scheduled on or before June 19, 2026. This follows previous interim dividends of ₹150, ₹125, and ₹125 per share declared earlier in the financial year.

Historical Stock Returns for Page Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.80%+9.22%+3.94%+1.47%-17.15%+34.75%

How might the implementation of New Labour Codes impact Page Industries' operational costs and margins in FY27 beyond the ₹350 million exceptional item already recognized?

Given the strong Q4 FY26 revenue growth of 14.1%, can Page Industries sustain double-digit revenue growth momentum in FY27 amid potential consumer spending headwinds?

With total dividends of ₹550 per share declared in FY26, how sustainable is Page Industries' aggressive dividend payout policy relative to its future capital expenditure and expansion plans?

Page Industries Appoints Walker Chandiok as Statutory Auditors

1 min read     Updated on 22 May 2026, 06:29 AM
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Page Industries Limited's Board has recommended M/s. Walker Chandiok & Co LLP as statutory auditors for a five-year term starting from the conclusion of the 31st AGM. The appointment follows the completion of the incumbent auditor's second term and is pending member approval.

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Page Industries Limited has recommended the appointment of M/s. Walker Chandiok & Co LLP as its statutory auditors for a term of five years. The decision was taken by the Board of Directors following the recommendation of the Audit Committee at a meeting held on May 21, 2026. The appointment is subject to the approval of the company's members.

The new auditors will replace the incumbent firm, M/s. S.R. Batliboi & Associates LLP, which will complete its second consecutive five-year term at the conclusion of the 31st Annual General Meeting. The transition is scheduled to take effect from the conclusion of the 31st AGM until the conclusion of the 36th AGM.

Auditor Details

M/s. Walker Chandiok & Co LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI), the Public Company Accounting Oversight Board (PCAOB), and is empanelled with the Comptroller and Auditor General of India (CAG). Established in 1935, the firm operates from its registered office in New Delhi and has eighteen other offices across major cities in India.

The firm comprises ninety-two partners and holds a valid peer review certificate. It is recognized as one of India's leading audit firms, providing assurance services to several large companies, including some of the top one hundred listed entities in the country.

Key Appointment Information

Particulars Details
New Auditor M/s. Walker Chandiok & Co LLP
Firm Registration No. 001076N/N500013
Retiring Auditor M/s. S.R. Batliboi & Associates LLP
Retiring Auditor Reg. No. 101049W/E300004
Term Five years
Tenure Period From conclusion of 31st AGM to conclusion of 36th AGM
Reason for Change Completion of incumbent's second consecutive term

The company confirmed that there are no disclosures regarding relationships between the directors and the proposed auditors. The recommendation will be placed before the shareholders for their approval at the upcoming Annual General Meeting.

Historical Stock Returns for Page Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.80%+9.22%+3.94%+1.47%-17.15%+34.75%

How might Walker Chandiok & Co LLP's audit approach differ from S.R. Batliboi & Associates LLP, and could this lead to any restatements or changes in Page Industries' financial reporting practices?

Given that Walker Chandiok & Co LLP audits several top-100 listed entities in India, could their appointment signal any shift in Page Industries' corporate governance strategy or transparency standards?

How have Page Industries' key financial metrics and stock performance historically responded following previous auditor transitions, and what pattern might investors expect this time?

More News on Page Industries

1 Year Returns:-17.15%