The company, which manufactures and distributes sports and athleisure wear, said its profit rose 23% year-over-year to 1.52 billion rupees ($18.3 million) in the third quarter.
The Bengaluru-based company's revenue increased 2.4% to 12.29 billion rupees.
Its margins on earnings before interest, tax, depreciation and amortization (EBITDA) expanded to 18.7% from 16.1% a year ago.
Page Industries's total expenses dropped 0.5%, mainly helped by lower cost of raw materials, especially cotton.
Earlier this week, rival Tata-owned Trent reported a more-than-two-fold jump in third-quarter profit, driven by robust demand during the festive period.
Shares of Page Industries closed up 1.3% after the results. ($1 = 82.9725 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Sonia Cheema and Savio D'Souza)