Page Industries Q2: Strong 11% Revenue, 30% PAT Gain
Page Industries Limited, India’s leading apparel manufacturer, has reported impressive financial results for Q2 and H1 FY25, driven by strategic operational efficiency and robust demand. For Q2 FY25, Page Industries achieved a revenue of Rs. 12,463 million, marking an 11% year-over-year growth, while PAT rose by a substantial 29.9% to Rs. 1,953 million.
Key financial highlights for Q2 FY25 include a 6.7% YoY increase in sales volume, reaching 55.2 million pieces, and a 22% YoY growth in EBITDA, totaling Rs. 2,815 million, with an EBITDA margin of 22.6%. The company attributes these gains to stable input costs and enhanced operational efficiency.
For the half-year period, the company’s revenue rose to Rs. 25,238 million, a 7.3% YoY increase, while EBITDA grew by 12% to Rs. 5,248 million. Half-year PAT reached Rs. 3,605 million, showing a 16.8% growth.
Commenting on the company’s performance, Managing Director Mr. V.S. Ganesh said, “I am thrilled to share that our relentless dedication to sustainable growth, product enhancement, customer engagement, and brand development has led to robust revenue growth. Our operating margins remain strong, thanks to our focus on operational efficiencies, cost control, and strategic sourcing initiatives. We are committed to investing in future growth, and our digital transformation initiatives are progressing well, promising substantial operational benefits in the coming years.”
Looking ahead, Page Industries is optimistic about consumer demand during the festive season, as e-commerce and digital investments continue to drive growth in the retail sector. With evolving consumer preferences toward sustainable products and increased disposable income, the apparel market in India shows significant potential for growth.
