Page Industries Limited Posts 7.9% Revenue Growth in Q1 FY27; Strengthens Market Position with Product Lines

Page Industries Limited Posts 7.9% Revenue Growth in Q1 FY27; Strengthens Market Position with Product Lines​

Bengaluru, August 13, 2026: Page Industries Limited, a leading apparel manufacturer, announced its financial results for the first quarter (Q1) of Fiscal Year 2027, ending June 30, 2026. The company reported steady revenue growth and maintained strong profit margins during the period.

Key financial indicators for Q1 FY27 included Revenue of Rs. 14,204 million, which represents a 7.9% year-on-year (YoY) increase. Sales volume rose by 5.7% YoY to reach 61.2 million pieces. The company also reported an EBITDA of Rs. 2,890 million, translating to a margin of 20.3%, and a Profit After Tax (PAT) of Rs. 1,928 million, achieving a PAT margin of 13.6%.

The financial performance across the last three quarters, including Q1 FY27, is summarized below:


While the company delivered encouraging consumer demand and saw a strong profit margin, the Managing Director, Mr. V.S. Ganesh, commented that the quarter involved transitory factors. These included temporary inflation in key inputs such as cotton and synthetic products, which were absorbed through strategic sourcing decisions. Additionally, short-term logistics disruptions limited the ability to service full demand, meaning underlying volume growth did not translate entirely into reported revenue growth for the quarter.

Strategic Outlook and Operations​

Page Industries Limited maintains confidence in future growth based on consumer sentiment and ongoing operational improvements. The company plans to address evolving consumer preferences through new product introductions, particularly targeting younger demographics.

The firm's strategic focus areas include enhancing efficiency through operational excellence and digitalization across key value streams. Ongoing programs involve work on the core ERP system, the distribution management system, and the HRMS platform. Furthermore, steady scale-up of new manufacturing facilities at Orissa and KR Pet is progressing according to plan, designed to boost capacity and operating efficiency as they reach full utilization.

Brand Reach and Market Coverage​

Page Industries is the exclusive licensee of Jockey International Inc. (USA) for the manufacture, distribution, and marketing of the JOCKEY® brand across India and multiple countries including Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, UAE, Saudi Arabia, Kuwait, and Bahrain. The brand maintains a strong footprint in 2,732 cities and towns through its retail network. This network includes 1,15,208 Multi Brand Outlets (MBOs) and 1,604 Exclusive Brand Stores (EBS), alongside presence in 930 Large Format Stores and online.

For the Speedo brand, Page Industries is the exclusive licensee for manufacture, marketing, and distribution in India, with a presence across 150+ cities via 663 stores and 36 EBOs, including online channels.

The company's manufacturing capabilities are robust, spanning facilities across 2.9 million sq ft and operating through 16 units, representing 64% in-house manufacturing. The operations are spread across multiple locations, including Bangalore (5 units), Mysore (4 units), Hassan (3 units), Gowribidanur (1 unit), Tiptur (1 unit), Tirupur (1 unit), Odisha Unit, and the KR Pet Unit.

PAGEIND Stock Price Movement​

Today, shares of Page Industries Limited shed value after the market close, with the stock settling down 4.66% to finish at ₹36,510. The stock saw a trading volume of 117,873 shares during the session.