Page Industries Limited delivers 5.6% revenue growth with high operating margin

New Delhi, Feb 5: Page Industries Limited, India’s leading apparel manufacturer, today announced its financial results for the third quarter and nine months ended December 31, 2025.

Key Financial Highlights – Q3 FY26

Sales volume grew 1.4% YoY to 58.6 million pieces

Revenue stood at ₹13,868 million, registering a 5.6% YoY growth

EBITDA was ₹3,181 million, up 5.2% YoY

Profit After Tax (PAT) was ₹1,895 million, a 7.4% YoY decline, impacted by one-time exceptional provisions

Key Financial Highlights – 9M FY26

Revenue at ₹39,942 million, growing 4.1% YoY

EBITDA at ₹8,923 million, up 7.9% YoY

PAT at ₹5,851 million, registering 3.5% YoY growth

Commenting on the results, Mr. V. S. Ganesh, Managing Director, Page Industries Limited, said,

“We delivered improved revenue growth during the quarter while sustaining strong operating margins. The decline in profit after tax was primarily due to one-time exceptional provisions arising from the notification of the new Labour Codes. Encouraging consumer response to our innovative product launches, coupled with a sharp focus on operating efficiencies and continued investments in digital initiatives and brand building, positions us well to accelerate growth and further strengthen our leadership position in the periods ahead.”

Outlook and Trends

As consumer preferences increasingly shift toward enhanced retail experiences and greater accessibility, modern retail formats—including e-commerce and exclusive branded stores—are expected to continue their rapid growth and deeper market penetration. Page Industries will remain focused on strengthening and diversifying its product portfolio, while expanding and optimising its distribution network across digital, exclusive and traditional retail channels.

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