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Page Industries Posts 3.8 Percent Rise in Profit as Second Quarter Earnings Pour In

Reported by Faizan Khan (Staff Writer) Β· Moneycontrol.com Β·

Verified β€” Confirmed by a second source: CNBC TV18

Confirmed by a second source: CNBC TV18

Important
Page Industries Posts 3.8 Percent Rise in Profit as Second Quarter Earnings Pour InPhoto: Wikimedia Commons

Q2 Financial Results

Page Industries reported a net profit of Rs 202.5 crore for the September quarter, marking a 3.8 percent increase compared to Rs 194 crore in the same period last year. Revenue for the company rose 11.5 percent to Rs 1,439.6 crore from Rs 1,291 crore, while sales volumes reached 5.97 crore pieces. Earnings before interest, tax, depreciation and amortisation grew 7.4 percent to Rs 300.2 crore, though its EBITDA margin narrowed to 20.8 percent from 21.6 percent.

Dividends and Stock Movement

The board of directors declared a second interim dividend of Rs 150 per equity share for the financial year 2026-27 following a meeting on November 12, 2026. Despite the financial results, shares of Page Industries fell as much as 12.5 percent following the announcement, turning the stock negative for the year with a 7 percent drop on a year-to-date basis.

Management Commentary

Managing Director VS Ganesh stated that profitability remained within the planned range even though raw material costs stayed elevated. The management expects a healthy lift in consumer demand during the ongoing festive season, supported by expanded manufacturing capacity and streamlined processes.

Context

Corporate earnings reports provide investors with a regular look at the financial health and operational performance of major listed companies. Dividend payouts like the one announced here offer direct cash returns to shareholders based on quarterly or annual profits.

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