Page Industries Q4 Results: Profit and revenue rise YoY but margin declines, stock off day’s highs

Page Industries Ltd on May 21 announced a fourth interim dividend of ₹150 per equity share for FY26 after the company reported steady growth in revenue and profitability during the March quarter.

The company said the board of directors approved the interim dividend at its meeting held on May 21, 2026. The record date for determining eligible shareholders has been fixed as May 27, 2026, while the dividend will be paid on or before June 19, 2026.

Page Industries, the exclusive licensee of Jockey and Speedo in India, reported revenue from operations of ₹1,252.60 crore for Q4 FY26, compared with ₹1,098.07 crore in the year-ago quarter, reflecting a growth of 14.1% year-on-year.

Net profit for the quarter rose to ₹178.73 crore from ₹164.01 crore reported in the corresponding quarter last year.

On the operational front, EBITDA stood at ₹260.6 crore during the March quarter compared with ₹235.2 crore in Q4 FY25, registering a growth of 10.8% YoY. EBITDA margin, however, softened slightly to 20.8% from 21.4% a year ago. Shares of the company fell sharply from highs below Rs 38,400 as margin disappointed the street.

Profit before tax came in at ₹237.80 crore during the quarter against ₹218.68 crore reported in the corresponding period last year.

The company’s employee benefit expenses stood at ₹228.49 crore during the quarter, while finance costs were reported at ₹11.88 crore. Depreciation and amortisation expenses came in at ₹28.04 crore.

Total comprehensive income for the quarter stood at ₹182.32 crore compared with ₹160.99 crore in Q4 FY25.

Earnings per share (EPS) for the quarter improved to ₹160.24 from ₹147.04 reported in the year-ago quarter.