{"id":3696,"date":"2025-02-05T10:29:01","date_gmt":"2025-02-05T10:29:01","guid":{"rendered":"https:\/\/www.niftytrader.in\/nifty-demo\/?p=3696"},"modified":"2025-05-12T16:21:56","modified_gmt":"2025-05-12T10:51:56","slug":"page-industries-q3fy25-net-profit-rises-34-3","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/page-industries-q3fy25-net-profit-rises-34-3\/","title":{"rendered":"Page Industries Q3FY25 Net Profit Rises 34.3%; Announces \u20b9150 Interim Dividend Amid Market Challenges"},"content":{"rendered":"<h2><strong>Highlights:<\/strong><\/h2>\n<ul>\n<li><strong>Net profit up 34.3% YoY<\/strong> to \u20b9204.7 crore in Q3FY25.<\/li>\n<li><strong>Revenue grew by 7.1%<\/strong> YoY to \u20b91,313 crore.<\/li>\n<li><strong>EBITDA up 33.6% YoY<\/strong> to \u20b9302 crore.<\/li>\n<li><strong>\u20b9150 interim dividend declared<\/strong>, record date set for <strong>February 13<\/strong>, payout by <strong>March 7<\/strong>.<\/li>\n<li><strong>Athleisure &amp; Innerwear<\/strong> segments expected to drive future growth.<\/li>\n<li><strong>Short-term headwinds in the apparel sector<\/strong> due to weak consumer sentiment.<\/li>\n<\/ul>\n<h2><strong>Strong Q3FY25 Financial Performance<\/strong><\/h2>\n<p>Page Industries, the exclusive distributor of <strong>Jockey<\/strong> in India, reported a <strong>robust 34.3% year-on-year (YoY) increase in net profit<\/strong>, reaching <strong>\u20b9204.7 crore<\/strong> in the third quarter of FY25. <strong>Revenue grew by 7.1% YoY to \u20b91,313 crore<\/strong>, while <strong>EBITDA surged by 33.6% YoY to \u20b9302 crore<\/strong>, reflecting strong operational efficiency.<\/p>\n<p>The company\u2019s board also announced an <strong>interim dividend of \u20b9150 per share<\/strong>, with the <strong>record date set for February 13<\/strong> and <strong>payout scheduled by March 7<\/strong>.<\/p>\n<h2><strong>Market Challenges: Consumer Sentiment &amp; Demand Weakness<\/strong><\/h2>\n<p>In its <strong>Q3FY25 earnings presentation<\/strong>, Page Industries acknowledged that <strong>Indian apparel retail is facing short-term challenges<\/strong> due to <strong>subdued consumer sentiment<\/strong>. The company noted that while the festive season initially boosted demand, the momentum <strong>did not sustain<\/strong> throughout the quarter.<\/p>\n<p>However, Page Industries remains optimistic about <strong>long-term growth<\/strong>, citing:<\/p>\n<ul>\n<li><strong>Economic expansion<\/strong><\/li>\n<li><strong>Urbanization<\/strong><\/li>\n<li><strong>Increasing disposable incomes<\/strong><\/li>\n<li><strong>Growth in e-commerce and organized retail<\/strong><\/li>\n<\/ul>\n<h2><strong>Growth Focus on Athleisure &amp; Innerwear Segments<\/strong><\/h2>\n<p>Page Industries emphasized that the <strong>Athleisure and Innerwear<\/strong> categories will be <strong>pivotal growth drivers<\/strong>, benefiting from <strong>rising consumer preference for branded apparel and the digital retail boom<\/strong>.<\/p>\n<p>During the September quarter earnings call, <strong>Karthik Yathindra, President of Page Industries<\/strong>, highlighted a renewed <strong>focus on international business<\/strong>, with expectations of growth in global markets <strong>over the next two quarters<\/strong>.<\/p>\n<h2><strong>Stock Market Reaction &amp; Performance<\/strong><\/h2>\n<p>Following the earnings announcement, <strong>Page Industries\u2019 stock dropped 1%<\/strong> to its <strong>day\u2019s low<\/strong>.<\/p>\n<ul>\n<li><strong>Year-to-Date (YTD) Performance<\/strong>: Down <strong>3% in 2025<\/strong>.<\/li>\n<li><strong>1-Year Performance<\/strong>: Up <strong>26% over the past year<\/strong>.<\/li>\n<\/ul>\n<p>Despite short-term market fluctuations, the company&#8217;s strong financial performance and strategic focus on <strong>premium apparel categories<\/strong> position it well for long-term expansion.<\/p>\n<p>Page Industries continues to <strong>deliver strong earnings growth<\/strong>, supported by <strong>strategic investments in core categories<\/strong>. While <strong>short-term demand fluctuations<\/strong> remain a challenge, <strong>the company\u2019s long-term outlook remains positive<\/strong>, driven by <strong>athleisure, innerwear, and international expansion<\/strong>. Investors will closely watch how <strong>consumer sentiment and macroeconomic trends<\/strong> impact future performance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highlights: Net profit up 34.3% YoY to \u20b9204.7 crore in Q3FY25. Revenue grew by 7.1% YoY to \u20b91,313 crore. EBITDA up 33.6% YoY to \u20b9302 crore. \u20b9150 interim dividend declared, record date set for February 13, payout by March 7. Athleisure &amp; Innerwear segments expected to drive future growth. Short-term headwinds in the apparel sector [&hellip;]<\/p>\n","protected":false},"author":1,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[41],"class_list":{"0":"post-3696","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":41,"user_id":1,"is_guest":0,"slug":"niftynews","display_name":"NiftyTrader","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/01\/Logo-1.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/01\/Logo-1.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/3696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=3696"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/3696\/revisions"}],"predecessor-version":[{"id":3698,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/3696\/revisions\/3698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/3697"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=3696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=3696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=3696"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=3696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}