Page Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 09, 2023 at 02:44 am EST
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Page Industries Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 11,251.35 million compared to INR 12,282.05 million a year ago. Revenue was INR 11,268.01 million compared to INR 12,308.77 million a year ago. Net income was INR 1,502.8 million compared to INR 1,621.29 million a year ago. Basic earnings per share from continuing operations was INR 134.73 compared to INR 145.36 a year ago. Diluted earnings per share from continuing operations was INR 134.73 compared to INR 145.36 a year ago.
For the six months, sales was INR 23,575.48 million compared to INR 25,508.85 million a year ago. Revenue was INR 23,611.07 million compared to INR 25,568.5 million a year ago. Net income was INR 3,086.39 million compared to INR 3,691.65 million a year ago. Basic earnings per share from continuing operations was INR 276.71 compared to INR 330.98 a year ago. Diluted earnings per share from continuing operations was INR 276.71 compared to INR 330.98 a year ago.
Page Industries Limited is an India-based company, which is engaged in the business of manufacturing, distribution and marketing of garments. The Company has a license of JOCKEY International Inc. (USA) for the manufacture, distribution and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, and the United Arab Emirates. It is also the licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India. The Companyâs manufacturing operations spread over 15 manufacturing complexes in Bangalore, Hassan, Mysore, Gowribidanur, Tiptur and Tirupur. The Company distributes pan India, including approximately 50,000 plus retail outlets in 1,800 cities and towns. The Company through its authorized franchisees has approximately 1,289 Exclusive Brand Outletâs (EBOâs), including 48 Jockey Woman EBOs and 78 Jockey Juniors EBOs.
PAGE INDUSTRIES LIMITED 
