Page Industries has announced its financial performance for the second quarter of FY25, delivering robust growth in both revenue and profitability compared to the same period last year. The company, known for its Jockey brand in India, reported impressive gains in net profit and EBITDA, driven by increased operational efficiency and higher margins.
Financial Highlights
- Revenue: Page Industries recorded revenue of ₹1,246 crore in Q2 FY25, an 11% increase from ₹1,122 crore in Q2 FY24, highlighting solid sales growth year-over-year.
- Net Profit: The company’s net profit surged by 30%, reaching ₹195.5 crore in Q2 FY25, up from ₹150.3 crore in the corresponding period of the previous year. The significant profit growth reflects the company’s focus on cost management and efficient operations.
- EBITDA: Page Industries reported an EBITDA of ₹296 crore, a 25.6% rise from ₹236 crore in Q2 FY24, showcasing the company’s ability to generate strong earnings before accounting for taxes, interest, depreciation, and amortization.
- EBITDA Margin: The EBITDA margin for Q2 FY25 improved to 23.5%, compared to 21% in Q2 FY24, indicating enhanced profitability and effective cost control measures.
Summary
Page Industries’ Q2 FY25 results reflect a well-rounded growth story, with notable increases in revenue, net profit, and EBITDA. The improvement in EBITDA margin demonstrates the company’s efficiency in managing operational costs, contributing to enhanced profitability. The company’s continued focus on expanding its market presence and optimizing operations has yielded positive results, fostering investor confidence.
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