Page Industries reported its Q3 results, reflecting a mixed financial performance with moderate revenue growth and stable operating metrics, while profitability came under pressure on a year-on-year basis.
For the quarter, Page Industries posted a net profit of ₹189.5 crore, marking a decline of 7.4% compared with ₹204.6 crore in the corresponding quarter last year. The drop in profit came despite an improvement in topline and operating earnings, indicating continued margin pressure during the period.
Revenue from operations rose 5.6% YoY to ₹1,386.8 crore, compared with ₹1,313 crore in Q3 of the previous year. The growth was supported by steady demand and a healthy response to recent product launches across categories.
EBITDA increased 5% YoY to ₹318 crore from ₹302.6 crore a year ago. However, EBITDA margin remained largely flat at 22.9%, slightly lower than 23% reported in the same quarter last year, reflecting higher costs and limited operating leverage.
On the operational front, sales volume grew 1.4% YoY to 58.6 million pieces during the quarter. The company highlighted that encouraging traction for new launches has strengthened its growth outlook and positions it well to accelerate performance in the coming periods.
Alongside the results, the board approved the third interim dividend of ₹125 per share, underlining the company’s continued focus on shareholder returns despite near-term pressure on profitability.