Indian apparel manufacturer, Page Industries Limited, has generated a revenue of ₹13,131 million (~$150 million) in the third quarter (Q3) of fiscal 2025 (FY25) ended December 31, 2024, an increase of 7.1 per cent year-over-year (YoY).
The sales volume of the company grew 4.7 per cent YoY to 57.8 million pieces, and EBITDA rose to ₹3,025 million (~$34.5 million), increasing 33.6 per cent YOY. The profit after tax (PAT) was ₹2,047 million, an increase of 34.3 per cent YOY.
EBITDA grew 33.6 per cent to ₹3,025 million (~$34.5 million), and PAT increased 34.3 per cent to ₹2,047 million.
For 9M FY25, revenue reached ₹38,368 million (~$438.3 million), with EBITDA up 19 per cent and PAT up 22.6 per cent.
For the first nine months (9M) of FY25, the company’s revenue reached ₹38,368 million (~$438.3 million), a growth of 7.3 per cent YoY, with EBITDA of ₹8,273 million (~$94.6 million), up 19 per cent YoY and PAT of ₹5,651 million, up 22.6 per cent YoY.
“I am thrilled to announce that we have achieved strong profit growth, driven by consistent revenue increases and meticulous control over operating expenses. Our unwavering commitment to investing in top talent, product innovation, and digital transformation is propelling us towards our strategic goals. We are perfectly positioned to seize promising future growth opportunities, with modern retail and e-commerce continuing to serve as powerful growth engines,” said VS Ganesh, managing director at Page Industries Limited. “Our focus on these areas not only strengthens our overall market position but also ensures we remain at the forefront of industry advancements.”
Fibre2Fashion News Desk (SG)