Published
Feb 9, 2023
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Page Industries Q3 net profit down 29 percent to Rs 123 crore

Published
Feb 9, 2023

Page Industries Ltd's Q3 net profit declined 29 percent to Rs 123 crore ($15 million) for the third quarter ended December 2022, as against Rs 174 crore reported in the year-ago period.


Page Industries Q3 net profit down 29 percent to Rs 123 crore


The company’s revenue for the quarter rose by 3 percent to Rs 1,223 crore, as against 1,189 reported in the corresponding period of the previous fiscal year.

Commenting on the results, V S Ganesh, managing director of Page Industries in a statement said, “The growth momentum through the nine months is encouraging. We are confident of our long-term growth on the back of consumption, industry, and economic drivers.”

“We continue to focus on general trade distribution, expansion of EBOs, enhancing customer experience, further strengthening the product portfolio and keeping our supply chain robust,” he added.

Page Industries is the exclusive licensee of Jockey International Inc (USA) and Speedo International for manufacturing, distribution and marketing in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, and the UAE.

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