March 18, 2025
Financial Results

Page Industries Reports 34.3% PAT Growth In Q3 FY25

Page Industries Ltd, India’s leading apparel manufacturer, reported a robust financial performance for the third quarter and nine months ending December 31, 2024. For Q3 FY25, the company saw a 4.7% year-on-year growth in sales volume, totaling 57.8 million pieces.

Revenue for the quarter reached Rs 13,131 million, marking a 7.1% increase compared to the previous year. EBITDA stood at Rs 3,025 million, reflecting a growth of 33.6%, while Profit After Tax (PAT) surged by 34.3% to Rs 2,047 million.

For the nine-month period, Page Industries recorded revenue of Rs 38,368 million, a 7.3% year-on-year growth. EBITDA for the nine months was Rs 8,273 million, an increase of 19%, and PAT rose by 22.6% to Rs 5,651 million.

V.S. Ganesh, Managing Director of Page Industries Ltd, commented, “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. Our focus on these areas not only strengthens our overall market position but also ensures we remain at the forefront of industry advancements.”

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