Page Industries continues revenue momentum & PAT with Q2 FY23 results

Revenue at Rs. 12,550 million, up 16 % YoY and down ‐6% QoQ.

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Page Industries
Photo: Page Industry

Page Industries, India’s leading apparel manufacturer, today announced its financial results for the quarter ended 30th September 2022.

Commenting on the results, Managing Director Mr. V.S. Ganesh said, “We are pleased to report that historically, this has been the best Q2 for the company in terms of revenue. We are well in line with our guidance of delivering robust growth on the back of strong levers such as an increased shift in organized retail, increased branded innerwear demand, and growing aspirations for global brands.

The Company will continue to invest in capacity building, manpower, business process re‐engineering, digital outreach, and advertising while building inventory. With a strong focus in the fast‐growing Tier 2‐3‐4 markets and with new product introductions to further strengthen our product portfolio, we see a huge opportunity for retail expansion and growth as we move forward.”

About Page Industries

Page Industries is the exclusive licensee 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 UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing, and distribution of the Speedo brand in India.

Jockey is the company’s flagship brand and a market leader in the premium innerwear and leisure wear category. The brand is distributed in 2,850+ cities & towns and available in 118,120,+ Multi Brand Outlets, and 1,190+ Exclusive Brand Outlets (EBO) with an extensive presence in 2,740+ Large Format Stores, as also online. Speedo brand is available in 1,090+ stores and27 EBOs spread across 90+ cities.

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