Page Industries Posts ₹14.2B Q1 Revenue, Declares ₹200 Dividend

BENGALURU, India — Page Industries Limited (NSE: PAGEIND / BSE: 532827), the exclusive licensee for Jockey International and Speedo in India, reported a consolidated revenue from operations of ₹14.2 billion (₹1,420 crore) for the first quarter ended June 30. According to financial statements submitted to stock exchange authorities, the Bengaluru-headquartered apparel manufacturer recorded a net profit of ₹1.93 billion (₹193 crore) for the three-month period. Alongside the quarterly financial results, the Board of Directors approved an interim dividend of ₹200 per share for eligible equity shareholders, reflecting healthy cash generation and balance sheet strength.

Financial Analysis: Revenue Drivers and Interim Dividend

In its quarterly financial disclosures, Page Industries detailed its top-line and bottom-line metrics for the June quarter. Revenue from operations reached ₹14.2 billion, supported by consistent retail demand across men's innerwear, women's loungewear, and expanding athleisure collections.

The net profit of ₹1.93 billion underscores operational efficiency and effective supply chain management despite input material cost movements. The board's declaration of a ₹200 per share dividend highlights the enterprise's commitment to returning excess capital to investors.

The quarterly performance reflects steady volume sales through exclusive brand outlets (EBOs), multi-brand stores, and e-commerce platforms across urban and tier-2 markets.

Brand Footprint and Operational Strategy

Page Industries operates as an integrated manufacturer, distributor, and retailer of innerwear, sleepwear, socks, and swimwear. The company maintains an extensive distribution network serving thousands of retail touchpoints nationwide.

• Jockey India Expansion: Serves as the primary revenue engine, expanding exclusive brand outlet counts in high-street retail hubs and modern shopping centers.

• Athleisure & Loungewear Growth: Product line extensions in casualwear and activewear continue to capture consumer preference among younger demographics.

• Supply Chain & Technology: Ongoing investments in automated distribution centers and manufacturing facilities in Karnataka assist in maintaining inventory velocity and lowering logistics turnaround times.

Official Sources and Regulatory Disclosures

The financial figures were evaluated by the Audit Committee and formally approved by the Board of Directors of Page Industries Limited.

According to official filings submitted to the National Stock Exchange of India (NSE) and BSE Limited, the company satisfied all statutory reporting guidelines under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

Official Management Statement

Management communications submitted alongside the corporate filing outlined the company's long-term commercial strategy and capital allocation focus.

According to officials, Page Industries maintained disciplined working capital controls and production scheduling throughout the June quarter. Officials stated that the company remains dedicated to expanding its retail footprint, enhancing direct-to-consumer digital platforms, and optimizing manufacturing efficiency to sustain long-term shareholder returns.

Why It Matters to Investors, Retailers, and Markets

The quarterly operational results and dividend announcement carry direct practical implications for various financial and commercial stakeholders:

• For Equity Shareholders: A ₹200 per share interim dividend provides immediate cash yield and confirms strong operating cash flow generation.

• For Retail Partners: Steady top-line growth of ₹14.2 billion reassures franchise operators and wholesale distributors of sustained consumer demand for core innerwear lines.

• For the Apparel Sector: Solid profitability demonstrates resilience within premium innerwear and lifestyle apparel segments amidst broader retail shifts.

Key Facts at a Glance

• Quarterly Revenue: Page Industries achieved ₹14.2 billion (₹1,420 crore) in revenue from operations.

• Quarterly Profit: Recorded a net profit of ₹1.93 billion (₹193 crore) for the June quarter.

• Dividend Declaration: Board approves an interim dividend payout of ₹200 per equity share.

• Core Licenses: Exclusive licensee for Jockey and Speedo brands in India.

Frequently Asked Questions (FAQ)

What was the reported Page Industries Q1 revenue?

Page Industries Limited reported a revenue from operations of ₹14.2 billion (₹1,420 crore) for the first quarter ended June 30.

What dividend did Page Industries declare for the quarter?

The Board of Directors declared an interim dividend of ₹200 per equity share.

Which major brands are licensed by Page Industries in India?

Page Industries is the exclusive master licensee for Jockey International and Speedo in India and select regional markets.

Where can investors inspect official financial filings for Page Industries?

Investors can inspect audited quarterly results and regulatory filings on the official portals of the National Stock Exchange of India (NSE) under symbol PAGEIND and BSE Limited under security code 532827.

Source: Official regulatory announcements and quarterly corporate filings submitted to the National Stock Exchange of India (NSE) and BSE Limited Corporate Desk.