Page Industries profit jumps 24% despite subdued demand
Page Industries reported profit after tax growth of 23.6% year-on-year to INR 2,008 million for Q1 FY26, despite modest revenue growth of 3.1% to INR 13,156 million.
EBITDA grew 21.1% to INR 2,947 million with margins of 22.4%. The company attributed strong margins to efficient raw material sourcing and cost optimization, with no price increases during the quarter.
Inventory days improved to 56 from 64 at the beginning of the quarter. The company launched new fashion range JKY Groove and commenced operations at its new Odisha plant.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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