Page Industries Stock Falls 4% on Q1 Profit Dip, ₹200 Dividend
By Business Desk
Page Industries shares dropped 4% after Q1 FY27 net profit declined to ₹193 crore despite a 7.9% revenue increase. An interim dividend of ₹200 per share was declared.
Page Industries shares dropped over 4% on Thursday following the announcement of its Q1 FY27 results, which revealed a 4% year-on-year decline in net profit. This market reaction underscored investor response to the company’s latest financial performance.
Q1 FY27 Financial Overview
The apparel major recorded a net profit of ₹193 crore for the April-June quarter of FY27, a decrease from ₹201 crore reported in the year-ago period. Despite this profit dip, the company’s total revenue from operations saw a notable increase.
- Net Profit (Q1 FY27): ₹193 crore (down 4% YoY)
- Previous Year Net Profit: ₹201 crore
- Total Revenue from Operations (Q1 FY27): ₹1,420.4 crore (up 7.9% YoY)
- Previous Year Revenue: ₹1,316.6 crore
- EBITDA: ₹289 crore (down 2% YoY from ₹295 crore)
- EBITDA Margin: 20.3% (down from 22.4%)
Interim Dividend Announced
Alongside the financial results, Page Industries’ board of directors recommended an interim dividend of ₹200 per share. This dividend is scheduled for payment on or before September 11, 2026.
- Interim Dividend: ₹200 per share
- Record Date: August 19, 2026
- Payment Deadline: On or before September 11, 2026
Intraday Share Movement & Outlook
By 3:12 PM, Page Industries’ share price was trading 2.85% lower at ₹37,205 apiece, having hit an intraday low of ₹36,670, representing a 4.2% fall. The company holds exclusive licenses for Jockey International across India and neighboring countries, along with Speedo in India.
Vipin Kumar, AVP research at Globe Capital Market, indicated that the stock might find stabilization around the ₹35,100 level. He advised accumulating long positions near this support area for a medium to long-term investment perspective.