Page Industries shares jumped as much as 5% on Thursday, February 5, following the release of its December quarter results. According to reports from CNBC TV18, the stock was trading 4.4% higher at ₹35,890 after the earnings announcement. However, the stock remains down 22% over the last 12 months, indicating mixed longer-term performance despite the recent quarterly gains.
The company reported revenue growth of 5.6% year-on-year to ₹1,386.8 crore for the December quarter, compared to ₹1,313 crore in the previous year. As reported by ET Now, profit declined by 7.4% to ₹189.5 crore compared to ₹204.6 crore in Q3 FY25. The profitability was impacted by ₹35 crore due to the new labour codes, which significantly affected the bottom line despite overall revenue growth. EBITDA also improved to ₹318 crore from ₹302.6 crore last year, reflecting a 5% growth in operating earnings, though EBITDA margin remained largely flat at 22.9% compared to 23% year-on-year, showing limited operating leverage.
Sales volumes grew by 1.4% year-on-year to 58.6 million pieces, indicating steady demand for the company's products. According to the latest reports, EBITDA margin remained steady at 22.9% compared to 23% year-on-year, showing consistent operational efficiency despite the challenging profit environment. The revenue growth of 5.6% was supported by steady demand across core categories and a healthy response to recent product launches, as reported by ET Now.
The company reported that new launches have received a healthy response, positioning them well for future growth acceleration. As reported by CNBC TV18, Page Industries declared an interim dividend of ₹125 per share with the record date fixed as February 11, 2026. The company's management expressed confidence in their product portfolio and market positioning for future growth acceleration, with the latest results showing continued operational strength despite margin pressures from regulatory changes. 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.
