Page Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 09, 2023 at 09:22 am
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Page Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 12,232.63 million compared to INR 11,898.04 million a year ago. Revenue was INR 12,249.04 million compared to INR 11,969.39 million a year ago. Net income was INR 1,237.33 million compared to INR 1,745.74 million a year ago. Basic earnings per share from continuing operations was INR 110.93 compared to INR 156.51 a year ago. Diluted earnings per share from continuing operations was INR 110.93 compared to INR 156.51 a year ago.
For the nine months, sales was INR 38,195.49 million compared to INR 27,753.5 million a year ago. Revenue was INR 38,271.56 million compared to INR 27,914 million a year ago. Net income was INR 4,928.98 million compared to INR 3,460.09 million a year ago. Basic earnings per share from continuing operations was INR 441.91 compared to INR 310.21 a year ago. Diluted earnings per share from continuing operations was INR 441.91 compared to INR 310.21 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 
