Page Industries Q3 Results: Net profit rises 34% YoY to ₹205 crore, revenue up 7%; interim dividend declared

Page Industries on Wednesday announced its financial results for the October-December quarter of the current fiscal (Q3 FY25) to ₹205 crore as compared to ₹152 crore reported in the year-ago period.

Its revenue from operations for the quarter that ended December 31, 2024 was at ₹1,313 crore, up 7.1% year-on-year (YoY) from ₹1,246 crore in Q3 FY24.

Shares of Page Industries ended 2.36% down at ₹45,798 on the NSE on Wednesday, February 5.

Commenting on the results, the Managing Director of Page Industries Limited V.S. Ganesh said, “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.”

The company also declared an interim dividend of ₹150 per equity share. This is the third dividend for the fiscal year 2024-25 (FY25). The record date for the payment has been fixed as February 13, 2025 and the payment will be made on or before March 7, 2025.

The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) was at ₹306 crore for the December quarter, up 33.6% YoY. Its sales volume increased by 4.7% YoY to 5.78 crore pieces. For the first nine months of the current fiscal (9M FY25), revenue of the company grew 7.3% YoY to ₹3,837 crore. The net profit for 9M FY25 increased by 22.6% to ₹565 crore, while the EBITDA was at ₹827 crore, up 19% YoY.