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Business EconomyPosted at: Feb 6 2025 4:25PM


Page Industries net up over 34 pc to Rs 204.7 crore in Q3

New Delhi, Feb 6 (UNI) Apparel manufacturer Page Industries Limited, an exclusive licensee of JOCKEY International Inc., on Thursday reported over 34 percent jump in net profit at Rs 204.7 crore during the third quarter of current financial year, versus Rs 152 crore in the corresponding quarter of previous financial year.
Total revenues from operations grew 7.1 percent to Rs 1,313.1 crore during the reporting quarter, the company said in a regulatory filing with the stock exchanges.
Commenting on the results, Mr. V.S. Ganesh, Managing Director, Page Industries Limited 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,” he added.
On the outlook and trends, the company said the Indian apparel retail sector confronts short-term headwinds due to dampened consumer sentiment. Nonetheless, long-term growth prospects remain robust, propelled by economic expansion, urbanization, and rising disposable incomes. Athleisure and innerwear are poised as pivotal growth drivers, complemented by the proliferation of organized retail and e-commerce.
Page Industries is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan and UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India.
UNI SKB CS1624
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