Page Industries to invest 290 crore in Telangana
Page Industries to set up two facilities in Telangana, providing jobs to 7,000 people17-11-2022
17-11-2022
PAGE INDUSTRIES LTD. - 532827 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording and Transcript of Investor call16-11-2022
Multibagger stock to pay 700% dividend soon, ex-date falling this week: Buy?
With a market capitalization of 53,056.47 Cr, Page Industries Ltd. is a large-cap business that operates in the consumer discretionary industry.13-11-2022
PAGE INDUSTRIES LTD. - 532827 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of Investor call11-11-2022
Page Industries Q2 net marginally up to Rs 162 cr; revenue at Rs 1,255 cr
Apparel manufacturer Page Industries Ltd on Thursday reported a marginal increase in its net profit at Rs 162.12 crore in the second quarter ended September 2022. The company had posted a net profit of Rs 160.48 crore during the July-September period a year ago, Page Industries Ltd (PIL) said in a BSE filing. Its revenue from operations during the quarter under review was at Rs 1,255.01 crore, up 15.77 per cent. PIL's revenue from operations in the July-September quarter of FY22 stood at Rs 1,084.01 crore. Its total expenses in the September quarter were at Rs 1,045.14 crore, up 19.5 per cent. Managing Director V S Ganesh said: "We are pleased to report that historically, this has been the best Q2 for the company in terms of revenue." "We are well in line with our guidance of delivering robust growth on the back of strong levers such as increased shift in organised retail, increased branded innerwear demand and growing aspirations for global brands," he added. Meanwhile, in a se10-11-2022
Dividend king stock: This largecap will pay interim dividend of 70 per share to investors by 9 Dec
Page Industries is among dividend king stocks. Its first interim dividend for FY23 was around 600% aggregating to 60 per equity share for its investors. It has a strong track record of paying hefty dividends to its shareholders.10-11-2022
Q2FY23 Quarterly Result Announced for Page Industries Ltd.
Apparel & accessories firm Page Industries announced Q2FY23 results: Revenue at Rs 12,550 million; up 16% YoY and down 6% QoQ EBITDA at Rs 2,379 million, margins at 19.0%, up 2% YoY and down 20% QoQ, with an investment of opex in advertising, warehouse capacity and manpower Reported profit after tax at Rs 1,621 million; up 1% YoY and down 22% QoQ PAT margin at 12.9%, compared to 14.8% YoY and 15.4% QoQ. Cash and cash equivalents at Rs 833 million, down from 3,144 million in Q1FY23, with investment in inventory which was under strain during the pandemic. Liquidity continues to remain strong with robust cash flow Managing Director VS Ganesh said, “We are pleased to report that this has been the best Q2 for the company historically, in terms of revenue. We are well in line with our guidance of delivering robust growth on the back of strong levers such as increased shift in organised retail, increased branded innerwear demand and growing aspirations for global brands. The company will continue to invest in capacity building, manpower, business process re-engineering, digital outreach and advertising while building inventory. With a strong focus in the fast-growing Tier 2-3-4 markets and with new product introductions to further strengthen our product portfolio, we see a huge opportunity for retail expansion and growth as we move forward.” Result PDF10-11-2022
PAGE INDUSTRIES LTD. - 532827 - Announcement under Regulation 30 (LODR)-Meeting Updates
Appointment of Mr. Jignesh Jaswant Bhate as Independent Director10-11-2022