Page Industries Limited, a prominent player in India’s apparel sector, has announced a robust financial performance for the second quarter of the fiscal year 2027, posting an 11.5% year-on-year increase in revenue. The company, known for its exclusive licensing of the JOCKEY and Speedo brands, reported revenues amounting to Rs. 14,396 million for the quarter ending 30th September 2026. This growth was underpinned by a 5.5% rise in sales volume, reaching 59.7 million pieces.
The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter stood at Rs. 3,001 million, reflecting a 7.4% increase from the previous year, with an EBITDA margin of 20.8%. Profit after tax (PAT) also saw a moderate rise of 4% year-on-year, amounting to Rs. 2,025 million, translating to a margin of 14.1%. For the first half of the fiscal year, Page Industries reported a revenue growth of 9.7% year-on-year, with sales volumes rising by 5.6%.
V.S. Ganesh, Managing Director of Page Industries, expressed satisfaction with the results, attributing the revenue growth to a combination of healthy volume growth, premiumisation, and strong consumer response to new product launches. Despite challenges from elevated raw material costs, the company managed to maintain profitability within its planned range. Ganesh highlighted the positive demand trends and the company’s strategic initiatives aimed at operational efficiency as key factors driving future growth.
Looking forward, Page Industries anticipates a continued uplift in consumer demand, particularly with the onset of the festive season. The company is poised to leverage its expanded manufacturing capacity, streamlined processes, and technology-driven productivity enhancements to meet this demand efficiently. Analysts note that while the company’s growth trajectory appears promising, vigilance on input costs remains crucial given the volatility in raw material prices. The strategic focus on brand strength and operational resilience is expected to support Page Industries in navigating these challenges effectively.
