Bengaluru, 15th May 2025: Page Industries Limited, India’s leading apparel manufacturer, today announced its financial results for the fourth quarter and annual year ended March 31st, 2025
Key Financial Highlights for Q4 FY 25:
- Sales volume growth was 8.5% YoY, amounting to 49.2 million pieces
- Revenue was Rs. 10,981 million, growth of 10.6% YOY
- EBITDA growth was 43.2% YOY, amounting to 2,352 million
- Profit After Tax (PAT) growth was 51.6% YOY, amounting to 1,640 million
Key Financial Highlights for FY25 :
- Revenue at Rs. 49,349 million, growth of 8.0% YoY
- EBITDA was Rs. 10,626 million, growth of 23.6% YoY
- PAT was Rs. 7,291 million, growth of 28.1% YoY
Commenting on the results, Mr. V.S. Ganesh, Managing Director, Page Industries Limited said, “I am delighted to share that our sharp focus on supply chain efficiency, product innovation, cost optimisation and consumer experience across all touch points have resulted in 51.6% PAT growth in the quarter and an annual PAT growth of 28.1%”
Outlook and Trends:
Long term outlook for innerwear and athleisure industry is very positive, aided by the rapid urbanisation and rising purchasing power in India. There are evolving and perceptible preference towards sustainable and functional products by the younger consumers. The rapid development in technology in products and channels of addressing consumers including ecommerce will enable discovering and developing new markets. However, there are significant uncertainties in the near term accentuated by escalated geo-political conflict in western India. We remain focussed to capitalise on the long term opportunities through our sustainable processes.