Page Industries shares jumped 5% in intraday trading following the announcement of Q4 FY26 results. The stock opened with gains of 2.7% at ₹39,420 on the National Stock Exchange (NSE) and touched a high of ₹40,490. As reported by Business Standard, the apparel manufacturer has outperformed the markets in 2026 with a 9% gain compared to a 9% decline in the Nifty 50 index. However, over the past year, Page Industries shares have underperformed with a 19% correction versus a 3.3% fall in the NSE Nifty benchmark. The stock later trimmed some gains and was trading around ₹38,865, up 1.3% during the session.
According to Business Standard reports, Page Industries reported a 9% year-on-year increase in net profit to ₹178.73 crore for the quarter ended March 31, 2026, compared to ₹164 crore in the corresponding period last year. The company's revenue from operations grew by 14% Y-o-Y to ₹1,252.6 crore, up from ₹1,098.07 crore in the previous year. The firm's sales volume grew 10.8% Y-o-Y, amounting to 54.5 million pieces. For the entire financial year FY26, net profit was up 4.75% Y-o-Y to ₹763.82 crore, while total consolidated income increased 6.28% Y-o-Y to ₹5,310.67 crore.
As reported by Business Standard, the board of Page Industries recommended a dividend of ₹150 per share of ₹10 face value along with the Q4 results. The company has set May 27 as the record date for the dividend payment. According to the company filing, the record date for the payment of interim dividend is May 27, 2026, with the payment date fixed on or before June 19, 2026. This represents the 4th Interim Dividend 2025-26 declared by the company. The dividend announcement has boosted investor sentiment and contributed to the strong market response.
According to Angel One News, management remained optimistic about FY27 growth and expects double-digit volume growth supported by improving market conditions. The company's strong quarterly earnings, healthy sales growth, and the ₹150 dividend announcement have boosted investor sentiment toward Page Industries shares. The management's positive outlook for the coming fiscal year reflects confidence in the company's growth trajectory and market positioning in the competitive apparel sector.
