For the March quarter of FY ’25, apparel manufacturer Page Industries Ltd. reported a 51.6 per cent increase in net profit at Rs 164 crore (US $ 19.15 million), aided by cost optimisation, supply chain efficiency, and volume growth.
According to a regulatory filing by Page Industries, the company reported a net profit of Rs 108.20 crore (US $ 12.64 million) for the January–March period of the previous year.
In the March quarter of this fiscal year, it generated Rs 1,098.07 crore (US $ 128 million) in operating revenue, an increase of 10.6 per cent. According to Page Industries’ results statement, the sales volume increased by 8.5 per cent year over year to 49.2 million pieces.
The growth in EBITDA for the company was 43.2 per cent, or Rs 235.2 crore (US $ 27.5 million). In the March quarter, Page Industries’ total revenue, which includes finance and other revenue, increased 11.13 per cent to Rs 1,118.20 crore (US $ 130 million).
Page Industries’ net profit for the fiscal year that concluded on 31st March 2025, increased 28.1 per cent to Rs 729.14 crore (US $ 85.16 million)from Rs 569.19 crore (US $ 66.5 million) the previous year. The overall consolidated income of Page Industries increased by 8.58 per cent to Rs 4,996.54 crore (US $ 583 million) in FY ’25.
According to Managing Director V S Ganesh, the company’s strong emphasis on supply chain efficiency, product innovation, cost optimisation, and customer experience across all touch points has led to a 51.6 per cent PAT rise in the quarter and a 28.1 per cent PAT growth year.
The company’s forecast for athleisure and innerwear is “very positive” because of India’s increasing purchasing power and fast urbanisation.
Younger consumers’ choices are clearly shifting in favour of practical and ecological items. It claimed that the quick advancement of technology in consumer-facing products and channels, such as e-commerce, would make it possible to find and expand into new markets.
