Page Industries Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 25, 2023 at 03:35 pm IST
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Page Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 9,690.9 million compared to INR 11,111.14 million a year ago. Revenue was INR 9,762.13 million compared to INR 11,160.41 million a year ago. Net income was INR 783.51 million compared to INR 1,905.22 million a year ago. Basic earnings per share from continuing operations was INR 70.24 compared to INR 170.81 a year ago. Diluted earnings per share from continuing operations was INR 70.24 compared to INR 170.81 a year ago.
For the full year, sales was INR 47,886.4 million compared to INR 38,864.65 million a year ago. Revenue was INR 48,033.69 million compared to INR 39,074.41 million a year ago. Net income was INR 5,712.5 million compared to INR 5,365.31 million a year ago. Basic earnings per share from continuing operations was INR 512.15 compared to INR 481.03 a year ago. Diluted earnings per share from continuing operations was INR 512.15 compared to INR 481.03 a year ago.
Page Industries Limited is an India-based company, which is engaged in the business of manufacturing, distribution and marketing of garments. The Company has a license of JOCKEY International Inc. (USA) for the manufacture, distribution and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, and the United Arab Emirates. It is also the licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India. The Companyâs manufacturing operations spread over 15 manufacturing complexes in Bangalore, Hassan, Mysore, Gowribidanur, Tiptur and Tirupur. The Company distributes pan India, including approximately 50,000 plus retail outlets in 1,800 cities and towns. The Company through its authorized franchisees has approximately 1,289 Exclusive Brand Outletâs (EBOâs), including 48 Jockey Woman EBOs and 78 Jockey Juniors EBOs.
PAGE INDUSTRIES LIMITED 