Page Industries, the exclusive licensee of Jockey International and Speedo in India, has reported a 2.6 percent year-on-year (YoY) increase in sales volume for the first quarter of fiscal year 2025 (Q1 FY25), reaching 57.4 million units. This volume growth contributed to revenues of ₹12,775 crore (approximately USD 152.24 million), an increase of 3.9 percent over the same quarter last year.
Page Industries reported a 2.6 percent year-on-year increase in sales volume for the first quarter of FY2025, reaching 57.4 million units. Revenue increased 3.9 percent to ₹12,775 crore (~$152.24 million). EBITDA stood at ₹2,433 crore with a margin of 19 percent, growing 2.5 percent sequentially. The company’s profit after tax (PAT) increased 4.3 percent year-on-year to ₹1,652 crore.
The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) stood at Rs 2,433 crore, with a margin of 19 percent. EBITDA increased by 2.5 percent quarter-on-quarter, the company said in a press release.
Page Industries noted that the impact of its investments in digital transformation and marketing initiatives was largely offset by stable input costs and optimization of operating expenses. Profit after tax (PAT) for the first quarter of FY 2025 was ₹1,652 crore, up 4.3 percent year-on-year.
“I am pleased to report that our dedicated efforts to improve our channel partners’ inventory levels have significantly increased the overall efficiency of our business. We have managed to maintain strong operating margins while driving several digital transformation initiatives, improving consumer engagement and investing in technology,” said VS Ganesh, Managing Director, Page Industries Limited.
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