Page Industries Limited announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating solid operational performance. The company's Board of Directors approved the results at their meeting held on February 5, 2026, and simultaneously declared the third interim dividend for the financial year 2025-26. Additionally, the company has made available the complete earnings call transcript and audio recording under Regulation 30 compliance.

Financial Performance Overview

The company reported comprehensive financial metrics for the third quarter of FY26, showing year-over-year growth in key areas:

Nine-Month Performance Comparison

For the nine months ended December 31, 2025, Page Industries demonstrated strong cumulative performance:

Management Commentary from Earnings Call

During the earnings call, Managing Director V.S. Ganesh highlighted the company's resilience amid selective consumer demand. "While consumer demand remains selective across categories, our business demonstrated resilience. With stable input costs, tight controls over operating expenses, and a sustained focus on operational efficiencies, we enabled healthy operating margins and protected profitability," he stated.

Chief Executive Officer Karthik Yathindra discussed growth prospects, noting that "the potential for double-digit growth is available" despite current market challenges. He emphasized the company's low market penetration and expansion opportunities across traditional and new channels.

Exceptional Items Impact

The company reported exceptional items of ₹3,500.42 lakhs during Q3 FY26, primarily related to the implementation of New Labour Codes. The Government of India consolidated 29 existing labour legislations into four unified labour codes, effective from November 21, 2025. Page Industries assessed the implications and recognized incremental costs of ₹3,408.90 lakhs towards employee benefit expenses and ₹91.52 lakhs towards other expenses.

Dividend Declaration Details

The Board of Directors declared significant dividend distributions for FY 2025-26:

Distribution Network Expansion

The company continued its distribution expansion strategy, with the network standing at 1,13,600 multi-brand outlets, 1,556 exclusive brand stores, and 1,778 large format stores. Management highlighted strong growth in e-commerce channels and expansion of the JKYO Groove collection to 150 exclusive brand stores in Q3, with plans to reach 500 stores by April 2026.

Operational Highlights

Page Industries maintained its focus on manufacturing, distribution, and marketing of garments under the Jockey brand. The company operates as a single business segment with no subsidiary, associate, or joint venture companies as of December 31, 2025. Current outsourcing stands at 36%, providing cost benefits while maintaining quality standards.

Earnings Call Accessibility

The complete earnings call transcript and audio recording are now available for investor reference. The audio recording can be accessed through the company's official YouTube link, ensuring transparency and comprehensive information dissemination to stakeholders.

Source: Company earnings call transcript and financial results announcement

Page Industries has announced a significant interim dividend declaration, with the board of directors approving a payout of ₹125 per share for its shareholders.

Dividend Declaration Details

The board's decision to declare an interim dividend reflects the company's financial position and commitment to shareholder value creation. The dividend amount of ₹125 per share represents a substantial distribution to investors.

Shareholder Impact

This interim dividend declaration will benefit all eligible shareholders of Page Industries. The ₹125 per share payout demonstrates the company's ability to generate cash flows and its policy of sharing profits with investors through regular dividend distributions.

The timing of this interim dividend announcement indicates the board's confidence in the company's ongoing financial performance and cash generation capabilities.