Page Industries : Q4FY17 Result
Nidhi Jani / 25 May 2017
The company reported PAT of Rs. 66.8 crore, which represents a sequential QoQ increase of 6.2 per cent and a YoY increase of 17.9 per cent.
Page Industries reported its results for the quarter ended March 31, 2017 on Thursday.
The company's total sales for Q4FY17 came in at Rs 498.92 crore, which represents a 5.6 per cent sequential decline and 13.3 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 90.9 crore and its EBIT margin stood at 18.2 per cent.
The company reported PAT of Rs. 66.8 crore, which represents a sequential QoQ increase of 6.2 per cent and a YoY increase of 17.9 per cent.
The board of directors has recommended an interim dividend of Rs 25 per equity share.
The stock today opened at Rs 14126.65 and touched intra-day high and low of Rs 14426 and Rs 14090.80, respectively on the BSE.
Page Industries is primarily engaged in the business of garment manufacturing. The company is the licensee of Jockey International Inc. (USA) for manufacture and distribution of the Jockey brand innerwear/leisurewear for men and women in India, Sri Lanka, Bangladesh and Nepal. Its product portfolio includes men's and women's inner ware, sports & leisure wear and thermal wear.
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