Page Industries Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 23, 2024 at 04:52 am
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Page Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 9,953.54 million compared to INR 9,645.85 million a year ago. Revenue was INR 10,062.1 million compared to INR 9,717.08 million a year ago. Net income was INR 1,082.03 million compared to INR 783.51 million a year ago. Basic earnings per share from continuing operations was INR 97.01 compared to INR 70.24 a year ago. Diluted earnings per share from continuing operations was INR 97.01 compared to INR 70.24 a year ago.
For the full year, sales was INR 45,816.71 million compared to INR 47,141.93 million a year ago. Revenue was INR 46,016.3 million compared to INR 47,289.22 million a year ago. Net income was INR 5,691.93 million compared to INR 5,712.5 million a year ago. Basic earnings per share from continuing operations was INR 510.31 compared to INR 512.15 a year ago. Diluted earnings per share from continuing operations was INR 510.31 compared to INR 512.15 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 
