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3 min read | Updated on February 05, 2025, 16:12 IST
SUMMARY
Page Industries Q3: The company on Wednesday, February 5, informed bourses that its board at its meeting has declared a third interim dividend for the year 2024-25 of ₹150 per equity share.
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Page Industries is the exclusive licensee of JOCKEY International Inc. (USA) for the manufacture, distribution, and marketing of the JOCKEY® brand in India. Image: Company's investor presentation
The company said that the record date fixed for the payment of the interim dividend is February 13, 2025, while the date fixed for the payment of the dividend is on or before March 7, 2025.
At the time of writing this report, the stock was trading around 2.5% lower at ₹45,748.25 on the NSE.
The results were declared during market hours on Wednesday.
The company said that its revenue for the December quarter came in at ₹131.31 crore, a 7.1% increase YoY, while EBITDA, or earnings before interest, taxes, depreciation, and amortisation, saw a growth of ₹ 33.6% YOY to ₹302.5 crore.
Its profit after tax (PAT) came in at ₹204.7 crore, up 34.3% YOY.
For the nine months ending on December 31, 2024, revenue came in at ₹3,836.8 crore, up 7.3% YoY, while EBITDA, or earnings before interest, taxes, depreciation, and amortisation, was ₹827.3 crore, up 19% YoY.
Profit after tax (PAT) for the nine months came in at ₹565.1 crore, a growth of 22.6% YoY.
Commenting on the results, V.S. Ganesh, Managing Director, Page Industries Limited, “I am thrilled to announce that we have achieved strong profit growth, driven by consistent revenue increases and meticulous control over operating expenses. Our unwavering commitment to investing in top talent, product innovation, and digital transformation is propelling us towards our strategic goals."
"We are perfectly positioned to seize promising future growth opportunities, with modern retail and e-commerce continuing to serve as powerful growth engines. Our focus on these areas not only strengthens our overall market position but also ensures we remain at the forefront of industry advancements," Ganesh added.
Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing, and distribution of the Speedo brand in India.
Jockey is the company’s flagship brand and a market leader in the premium innerwear and leisure wear category.
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